15322 1 RESOLUTION NO. 15,322
2
3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A FOURTH EXTENSION OF THE CONTRACT WITH VSP, IN AN
5 AMOUNT NOT TO EXCEED ONE HUNDRED THIRTY-FIVE
6 THOUSAND DOLLARS ($135,000.00),FOR GROUP VISION INSURANCE
7 FOR THE PERIOD BEGINNING JANUARY 1, 2021, TO DECEMBER 31,
8 2021; AND FOR OTHER PURPOSES.
9
10 WHEREAS,the City provides certain Group Vision Insurance Benefits for its employees,and after a
11 competitive selection process it was determined that the most qualified applicant with the best overall rate
12 to provide such insurance for current City employees is VSP; and,
13 WHEREAS, the basic cost of such coverage to the City will not exceed One Hundred Thirty-Five
14 Thousand Dollars($135,000.00).
15 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
16 OF LITTLE ROCK,ARKANSAS:
17 Section 1. The City Manager is authorized to enter into a renewal agreement with VSP for Group
18 Vision Insurance for the period of January 1,2021,to December 31,2021, in an amount not to exceed One
19 Hundred Thirty-Five Thousand Dollars($135,000.00),which will provide coverage to existing employees
20 of the City. This renewal represents year five(5)of the seven(7)-year term.
21 Section 2. Funds for this contract extension will be available from a line item for Group Vision
22 Insurance in the 2020 Budget.
23 Section 3. Pursuant to approval by the City,this contract may be extended two(2)additional times of
24 the maximum seven(7)year term in accordance with the renewal clause in the agreement.
25 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
26 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
27 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
28 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
29 resolution.
30 Section 5. Repealer. All laws,ordinances,resolutions,or parts of the same,that are inconsistent with
31 the provisions of this resolution,are hereby repealed to the extent of such inconsistency.
32 ADOPTED: October 20,2020
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APPROVED:
Ai
3 v�Mra�
4 us• a G City Clerk Frank Scott,
5 APP'OV:' S TO LEGAL FORM:
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7 - ,
8 Thomas M. Carpenter, City Att ney
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