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98-8652r 12 RESOLUTION NO. 8652 RESOLUTION AUTHORIZING ANNUAL ADJUSTMENT TO CITY'S MILEAGE REIMBURSEMENT RATE TO CONFORM TO INTERNAL REVENUE SERVICE STATUTORY MILEAGE REIMBURSEMENT RATE WHEREAS, the Internal Revenue Service allows a business mileage reimbursement of 32.5 cents for 1998; and WHEREAS, the Internal Revenue Service annually adjusts the business mileage reimbursement; and WHEREAS, the City of Richfield's present mileage reimbursement is 30 cents; and WHEREAS, the City has not adjusted its business mileage reimbursement amount in two years and is not in conformance with the Internal Revenue Service rate. NOW, THEREFORE, BElT RESOLVED, by the City Council of the City of Richfield, Minnesota: 1. That the City Manager of Richfield is hereby authorized and directed to annually adjust the City's mileage reimbursement rate to be in conformance with Internal Revenue Service guidelines. 2. That the City's mileage reimbursement rate is not to exceed the Revenue Service guidelines. Internal Approved by the City Council of the City of Richfield, Minnesota this 14th day of December, 1998. ATTEST =f~ j;)~ ~ Thomas P. Ferber, City Clerk