HomeMy WebLinkAbout16456 1 RESOLUTION NO. 16,456
2
3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER
4 INTO A CONTRACT WITH TRANSAMERICA LIFE INSURANCE
5 COMPANY FOR VOLUNTARY CANCER INSURANCE FOR THE
6 PERIOD BEGINNING JANUARY 1, 2025,TO DECEMBER 31,2025; AND
7 FOR OTHER PURPOSES.
8
9 WHEREAS,the City provides certain voluntary insurance options for its employees and their depend-
10 ents, and after a competitive selection process it was determined that the most qualified applicant with the
it best overall rate to provide Voluntary Cancer Insurance options for the current City employees is
12 Transamerica Life Insurance Company;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 Transamerica Life Insurance
18 Company for the period of January 1, 2025, to December 31, 2025, for Voluntary Cancer Insurance for
19 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 21240.
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27 any provision of this ordinance are hereby repealed to the extent of such conflict.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 .
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31 ` c�
32 Allison Segars,Ac )1 'Ni Clerk F nk Scott,Jr., ayor
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1 APPROVED AS TO LEGAL FORM:
2 /
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4 yn tte Perez,ChiefChief iltrr City Attorney
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