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102471 2 3 4 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 36 RESOLUTION NO. 10.247 A RESOLUTION AUTHORIZING THE CITY MANAGER TO ACCEPT BIDS AND AWARD A CONTACT TO UNUM FOR LONG -TERM DISABILITY INSURANCE COVERAGE FOR NONUNIFORM CITY EMPLOYEES FOR A TWO YEAR PERIOD EFFECTIVE MAY 1, 1998. a73 WHEREAS, the City provides long -term disability coverage for nonuniform employees; and WHEREAS, a Request for Proposal was issued in February, 1998; with nine responses received by the established deadline. WHEREAS, UNUM proposed the lowest premium rate in response to bid specifications. 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 accept bids and enter into a contract with UNUM, the low bidder meeting specifications, for long -term disability insurance coverage for nonuniform City employees for a two year period effective May 1, 1998. SECTION 2. Funds for this project were included in the 1998 budget process. The premium rate proposed by UNUM represents a 17.2% reduction in the premium rate compared to the current rate. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: A/TT�E�ST:: ROB.BIE RAN CITY CLERK April 21, 1998 APPROVED AS TO FORM: rn' CITY ATTORNEY APPROVED: ' fiDAILEYaJ MAYOR M