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HomeMy WebLinkAbout16453 1 RESOLUTION NO. 16,453 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER 4 INTO A CONTRACT WITH SYMETRA LIFE INSURANCE COMPANY 5 FOR VOLUNTARY GROUP LIFE AND GROUP AD&D INSURANCE FOR 6 THE PERIOD BEGINNING JANUARY 1,2025, TO DECEMBER 31, 2025; 7 AND FOR OTHER PURPOSES. 8 9 WHEREAS,the City provides certain Voluntary Group Life and Group AD&D Insurance options for 10 its employees and their dependents, and after a competitive selection process it was determined that the 11 most qualified applicant with the best overall rate to provide such insurance options for the current City 12 employees is Symetra Insurance; and, 13 WHEREAS,the voluntary benefits are optional for City employees and solely at the expense of the 14 employee. 15 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF 16 LITTLE ROCK,ARKANSAS: 17 Section 1. The City Manager is authorized to enter into a contract with Symetra Life Insurance 18 Company for the period of January 1, 2025,to December 31, 2025, for Voluntary Group Life and Group 19 AD&D Insurance for City employees and their dependents. 20 Section 2. Funds required for this contract are solely at the expense of the employee and are held in 21 accounting unit 100000 account 21250. 22 Section 3. Severability. In the event any portion of this Resolution is declared or adjudged to be 23 invalid or unconstitutional, such declaration or adjudication shall not affect the remaining portions of this 24 Resolution, which shall remain in full force and effect as if the portion so declared or adjudged invalid or 25 unconstitutional was not originally a part of this Resolution. 26 Section 4. Repealer. All ordinances and resolutions, and parts thereof, which are in conflict with 27 any provision of this ordinance are hereby repealed to the extent of such conflict, 28 ADOPTED: October 2,2024 29 ATTEST: APPROVED: 30 ' 31 I _ 32 Allison Segars,Acti i tr ty Clerk Drank Scott,Jr.,Mayor 33 [PAGE 1 OF 2] 1 APPROVED AS TO LEGAL FORM: 2 3 • 4 y 5 II 6 // 7 // 8 // 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 1/ 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // [PAGE 2 OF 2]