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15778 1 RESOLUTION NO. 15,778 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER 4 INTO A CONTRACT WITH LINCOLN FINANCIAL FOR VOLUNTARY 5 GROUP LIFE, GROUP AD&D AND GROUP CRITICAL ILLNESS 6 INSURANCE FOR A TWELVE (12)-MONTH PERIOD EFFECTIVE 7 JANUARY 1,2023; AND FOR OTHER PURPOSES. 8 9 WHEREAS,the City provides certain Voluntary Group Life,Group AD&D and Group Critical Illness 10 Insurance options for its employees and their dependents, and after a competitive selection process it was 11 determined that the most qualified applicant with the best overall rate to provide such insurance options for 12 the current City employees is Lincoln Financial;and, 13 WHEREAS,the voluntary benefits are optional for City employees and solely at the expense of the 14 employee. 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 approve an extension of the contract with Lincoln 18 Financial for the period of January 1,2023,to December 31,2023,for Voluntary Group Life,Group AD&D 19 and Group Critical Illness Insurance for City employees and their dependents. 20 Section 2. Funding for the voluntary benefits for City of Little Rock employees is solely at the expense 21 of the employee. 22 Section 3. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or 23 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or 24 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and 25 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the 26 resolution. 27 Section 4. Repealer.All laws, ordinances,resolutions,or parts of the same,that are inconsistent with 28 the provisions of this resolution,are hereby repealed to the extent of such inconsistency. 29 PASSED: September 6,2022 30 APPROVED: 31 iikiNi! 32 33 Su ;a i ,City Clerk Frank Scott,Jr.,M 34 1Page 1 of21 1 APPROVED AS TO LEGAL FORM: 2 3 U/ • 4 Thomas M. Carpenter,City orney 5 // 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // 35 // [Page 2 of 21