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HomeMy WebLinkAbout122460 2 RESOLUTION NO. 12,246 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO 4 EXTEND THE CONTRACT WITH STANDARD INSURANCE 5 COMPANY TO PROVIDE LONG -TERM DISABILITY 6 INSURANCE COVERAGE FOR NON - UNIFORM CITY 7 EMPLOYEES FOR A TWO -YEAR PERIOD EFFECTIVE MAY 11 8 2006; AND FOR OTHER PURPOSES. 0 10 WHEREAS, in response to the most recent Request for Proposal to provide long - 11 term disability insurance coverage for non - uniform employees, the incumbent 12 provider, Standard Insurance Company was selected to continue to provide such 13 coverage for a two -year period effective May 1, 2006, at no increase in premium, and 14 WHEREAS, analysis of the proposals received. has shown that the proposal 15 submitted by the incumbent provider, Standard Insurance Company, will provide a 16 premium rate less than anticipated for the current year budget with no change in the 17 benefit structure and is guaranteed for a two -year period, and 18 WHEREAS, this renewal will represent the third and fourth years of a maximum 19 seven -year contract period described in the most recent Request for Proposal. 20 NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF 21 THE CITY OF LITTLE ROCK, ARKANSAS: 22 Section 1. The City Manager is authorized to renew its contract with Standard 23 Insurance Company to provide long -term disability insurance coverage for non- 24 uniform City employees for a two -year period effective May 1, 2006. 25 Section 2. Funds for the cost of the coverage is included as a line item in the 26 2006 City budget. [PAGE 1 OF 21 Resolution Contract for Long -Term Disability Coverage For Non - Uniform Employees 1 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 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 shall 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. Repealer. 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ordinances and resolutions, and parts thereof, which are in conflict with any provision of this resolution are hereby repealed to the extent of such conflict.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 4, 2006 ATTEST: N cy W od, City Clerk APPROVED AS TO LEGAL FORM: Thomas M. Carpenter, City 4orney // // aesoI Lit ion Contract for Long -Term Disability Coverage For Non - Uniform Employees [PAGE 2 OF 2] APPROVED: Ji#n ailey, Mayor