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117450 0 1 RESOLUTION NO. 11,745 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO 4 EXECUTE A CONTRACT WITH STANDARD INSURANCE 5 COMPANY TO PROVIDE LONG -TERM DISABILITY 6 INSURANCE COVERAGE FOR NON - UNIFORM CITY 7 EMPLOYEES; AND FOR OTHER PURPOSES. 3 9 WHEREAS, the City received four formal proposals in response to an RFP for 10 long -term disability insurance coverage for non - uniform employees, and 11 WHEREAS, analysis of the above proposals has shown that the proposal 12 submitted by Standard Insurance Company provided the lowest premium rate with no 13 change in the benefit structure which results in a decrease in rate and is guaranteed for 14 a two -year period, and 15 WHEREAS, the Request for Proposals provided that renewals beyond the initial 16 guarantee period would be at the City's option for a period of time not to exceed the 17 maximum allowed under state statutes. 18 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 19 THE CITY OF LITTLE ROCK, ARKANSAS: 20 Section 1. The City Manager is authorized to enter into a contract with 21 Standard Insurance Company to provide long -term disability insurance coverage for 22 non - uniform City employees for a two -year period effective May 1, 2004. 23 Section 2. Funds for the cost of the coverage is included as a line item in the 24 2004 City budget. 25 Section 3. Severability. In the event any portion of this resolution is declared or 26 adjudged to be invalid or unconstitutional, such declaration or adjudication shall not [PAGE 1 OF 21 gewlufioo Contract for Long -Term Disability Coverage For Non - Uniform EmployCCS I 2 3 4 5 6 7 8 9 affect the remaining portions of this resolution, which shall remain in full force and effect as if the portion so declared or adjudged invalid or unconstitutional was not originally a part of this resolution. Section 4. Repealer. All ordinances and resolutions, and parts thereof, which are in conflict with any provision of this resolution are hereby repealed to the extent of such conflict. ADOPTED: May 4, 2004 ATTEST: 10 11 12 N cy Woo , City Clerk 13 14 15 16 17 IN 19 20 21 22 23 24 25 26 27 APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City Attorney R.I.fiOn Contrad for Long -Term Disability Coverage For Non- Unilorm EmployeeS [PAGE 2 OF 21 APPROVED: Willie Hinton, Vice -Mayor