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1 RESOLUTION NO. 10,800
2 A RESOLUTION AUTHORLMG THE CITY MANAGER TO
3 ENTER INTO A TWO -YEAR CONTRACT EXTENSION
4 WITH UNUM LIFE INSURANCE COMPANY OF AMERICA,
5 FOR THE PURPOSE OF PROVIDING LONG -TERM
6 DISABILITY INSURANCE COVERAGE FOR NON -
7 UNIFORM CITY EMPLOYEES; AND FOR OTHER
8 PURPOSES.
9 WHEREAS, the City of Little Rock provides long -term disability insurance coverage for
10 non - uniform City employees; and
11 WHEREAS, City staff has reviewed the availability of coverage, utilization rates and rate
12 guarantees in order to provide this coverage in the most cost efficient manner; and
13 WHEREAS, a review of coverage available from major insurance providers shows that the
14 renewal quote from the incumbent provider, UNUM Life Insurance Company of America, is the least
15 expensive mechanism for providing long -term disability insurance coverage to non - uniform City
16 employees; and
17 WHEREAS, the current two -year rate guarantee for the insurance expires April 30, 2000,
18 thereby making it imperative to enter into the extension.
19 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
20 THE CITY OF LITTLE ROCK, ARKANSAS:
21 Section 1. The City Manager is hereby authorized to enter into a two -year contract
22 extension with UNUM Life Insurance Company of America for the provision of long -term disability
23 insurance coverage for the City's non - uniform employees.
24 Section 2. The funding for this benefit has been included in the 2000 annual budget.
25 ADOPTED: April 4, 2000
26 ATTEST:
27 v
28 Nancy Woo , City Clerk
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APPROVED AS TO LEGAL FORM:
Thomas M. Carpenter, City Attorney
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APPR 1D:
Jim D ' y, Mayor