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HomeMy WebLinkAbout16824 1 RESOLUTION NO. 16,824 2 3 A RESOLUTION TO AUTHORIZE THE CITY MANAGER TO ENTER 4 INTO A CONTRACT WITH SYMETRA LIFE INSURANCE COMPANY 5 FOR VOLUNTARY CRITICAL ILLNESS INSURANCE FOR THE 6 PERIOD BEGINNING JANUARY 1,2026,TO DECEMBER 31,2026; AND 7 FOR OTHER PURPOSES. 8 9 WHEREAS,the City provides a Voluntary Critical Illness Insurance option for its employees and their 10 dependents, and after a competitive selection process, it was determined that the most qualified applicant 11 with the best overall rate to provide such insurance options for the current City employees is Symetra 12 Insurance;and, 13 WHEREAS,the voluntary benefits are optional for City employees and are solely at the expense of 14 the employee. 15 NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY 16 OF 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 1,2026,to December 31,2026,for Voluntary Critical Illness Insurance 19 for City employees and their dependents. The amount of this contract shall not to exceed Three Hundred 20 Sixty Thousand Dollars($360,000.00). 21 Section 2. Funds required for this contract are solely at the expense of the employee and are held in 22 accounting unit 100000 account 22400. 23 Section 3.Severability.In the event any title,section,paragraph,item,sentence,clause,phrase,or word 24 of this resolution is declared or adjudged to be invalid or unconstitutional,such declaration or adjudication 25 shall not affect the remaining portions of the resolution which shall remain in full force and effect as if the 26 portion so declared or adjudged invalid or unconstitutional was not originally a part of the resolution. 27 Section 4. Repealer. All laws, ordinances, resolutions, bylaws, or parts of the same, that are 28 inconsistent with the provisions of this resolution,are hereby repealed to the extent of such inconsistency. 29 ADOPTED: October 6,2025 30 // 31 // 32 // 33 // 34 // (Page I of 2 I ATTEST: APPROVED: 2 3 PaOM �1`�'� 4 Allison Segars,Ci Frank Scott,Jr.,Mayor 5 APPRO ED AS TO LEGAL FORM: 6 7 ' 8 Thomas M.Carpenter,City Attorne 9 // 10 // 11 // 12 // 13 // 14 // 15 // 16 // 17 // 18 // 19 // 20 // 21 // 22 // 23 // 24 // 25 // 26 // 27 // 28 // 29 // 30 // 31 // 32 // 33 // 34 // (Page 2 of 2