HomeMy WebLinkAbout14446 1 RESOLUTION NO. 14,446
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3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A CONTRACT WITH VSP FOR GROUP VISION INSURANCE FOR
5 A TWELVE (12)-MONTH PERIOD EFFECTIVE JANUARY 1, 2017; TO
6 INCLUDE A CLAUSE WHICH PERMITS THE CITY TO RENEW THE
7 CONTRACT AT ITS OPTION FOR SEVEN (7) ADDITIONAL YEARS;
8 AND FOR OTHER PURPOSES.
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10 WHEREAS, the City provides certain Group Vision Insurance benefits for its employees, and after a
11 competitive selection process it was determined that the most qualified applicant with the best overall rate
12 to provide such insurance for current City employees is VSP; and,
13 WHEREAS,the basic cost of such coverage to the City will be Fifty-Seven Thousand, One Hundred
14 Eighty Dollars($57,180.00)for 2017,which means that there is no increase in the cost of the premium for
15 this insurance;
16 NOW,THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY
17 OF LITTLE ROCK,ARKANSAS:
18 Section 1. The City Manager is authorized to enter into an agreement with VSP for Group Vision
19 Insurance for the period of January 1,2017,to December 31,2017,for an amount not to exceed Fifty-Seven
20 Thousand, One Hundred Eighty Dollars($57,180.00).
21 Section 2. Funds for this agreement will be available from a line item for Group Vision Insurance in
22 the 2017 Budget.
23 Section 3. Pursuant to approval by the City,this contract may be extended seven(7)additional times
24 for seven(7)additional years in accordance with the renewal clause in the agreement.
25 Section 4. Severability. In the event any title, section, paragraph, item, sentence, clause, phrase, or
26 word of this resolution is declared or adjudged to be invalid or unconstitutional, such declaration or
27 adjudication shall not affect the remaining portions of the resolution which shall remain in full force and
28 effect as if the portion so declared or adjudged invalid or unconstitutional were not originally a part of the
29 resolution.
30 .Section 5. Repealer. All laws, ordinances,resolutions, or parts of the same,that are inconsistent with
31 the provisions of this resolution, are hereby repealed to the extent of such inconsistency.
32 ADOPTED: November 1,2016
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1 .61•71:: APPROVED:
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'4 . . • • an ,City Clerk Mark S odola, ' ayor
5 • ''PR•VED AS TO LEGAL FORM:
6 //1
7 G /09
8 Thomas M. Carpenter, ity Atte ey
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