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•
RESOLUTION NO. 10,115
•
A RESOLUTION AUTHORIZING THE CITY MANAGER
TO RENEW THE CONTRACT WITH STANDARD
INSURANCE COMPANY FOR LIFE INSURANCE
COVERAGE FOR CITY EMPLOYEES FOR A ONE YEAR
PERIOD EFFECTIVE JANUARY 1, 1998.
W
WHEREAS, Standard Life Insurance Company is the carrier for life insurance coverage
provided the City to regular full -time employees;
WHEREAS, Standard proposed a two -year rate guarantee and this renewal covers the
second year.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF
THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. The City Manager is authorized to renew the contract with Standard Life
Insurance coverage for City employees for a one year period effective January 1, 1998.
SECTION 2. Funding for this project has been included in the proposed 1998 budget.
SECTION 3. This resolution shall be in full force and effect from and after its adoption.
ADOPTED: November 4, 1997
ATTEST:
ROBBIE HANCOCK
CITY CLERK
APPROVED AS TO FORM:
4W.-� M ..
THOMAS M. CARPENTKO
CITY ATTORNEY
APPROVED:
/ ' /
JI"AILEY
MAYOR