Loading...
126801 2 3 4 E 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 37 RESOLUTION NO. 12680 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO CONTRACT WITH LINCOLN NATIONAL TO PROVIDE LONG -TERM DISABILITY INSURANCE COVERAGE FOR NON - UNIFORM CITY EMPLOYEES FOR A TWO -YEAR PERIOD EFFECTIVE MAY 1, 2008; AND FOR OTHER PURPOSES. WHEREAS, in response to the most recent Request for Proposal to provide tong -term disability insurance coverage for non - uniform employees, Lincoln National was selected to provide such coverage for a two -year period effective May 1, 2008, at a premium rate which is less than the current policy, and WHEREAS, analysis of the proposals received has shown that the proposal submitted by Lincoln National provided the best combination of benefits and premium rates, and 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 contract with Standard Insurance Company to provide tong -term disability insurance coverage for non - uniform City employees for a two -year period effective May 1, 2008. Section 2. Funds for the cost of the coverage is included as a line item in the 2008 City budget. Section 3. Severability. In the event any portion of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of this resolution, which shalt 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. Repeater. 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ordinances and resolutions, and parts thereof, which are in conflict with any provision of this resolution are hereby repealed to the extent of such conflict.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: April 15, 2008 ATTEST: APPROVED:, / Nan; C' Wood, y Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City Att ney Resolution Contract for Long -Term Disability Coverage For Non - Uniform Employees [PAGE 1 OF 1]