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12749ORDINANCE NO. 12,749 AN ORDINANCE AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH THE ARKANSAS MUNICIPAL LEAGUE AND UNION LIFE INSURANCE COMPANY FOR EMPLOYEE HOSPITALIZATION INSU- RANCE; APPROPRIATING FUNDS; AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City Manager is hereby authorized to execute an agreement with the Arkansas Municipal League whereby hospital- ization insurance would be provided by Union Life Insurance Co- mpany of Little Rock, Arkansas, for all active employees of the City of Little Rock with all premium costs at the rate of $ 10.55 per employee per month being paid by the City of Little Rock. SECTION 2. The sum of $ 30,154.00 is hereby approriated from the unexpended balance of the General Fund to be used together with funds heretofore appropriated in the 1973 Budget for the purpose of paying the total cost of such employee hospitalization insurance. SECTION 3. This Ordinance shall be in full force and effect from and after its passage. PASSED: February 20, 1973 ATTEST: C ty Clerk APPROVED: AIA"4�. Mayor