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HomeMy WebLinkAbout903912 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 28 29 30 31 32 33 34 35 36 0 0 RESOLUTION NO.-9,039 � M M A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE A CONTRACT WITH PRUDENTIAL INSURANCE COMPANY OF AMERICA TO PROVIDE HEALTH CARE INSURANCE COVERAGE FOR CITY OF LITTLE ROCK EMPLOYEES FOR A 12 -MONTH PERIOD EFFECTIVE JANUARY 1, 1994. 531 WHEREAS, a Request for Proposal for health insurance benefits for City employees was issued in August, 1993, with a proposed deadline of October 1, 1993; and WHEREAS, in response to that request, seven organizations submitted proposals; and WHEREAS, although almost all the proposed options represented reductions in cost while maintaining comparable levels of benefits, some proposals presented a higher level of benefit; and WHEREAS, based on detailed analysis of all proposals, it is recommended that the contract for be awarded to Prudential. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The City Manager is authorized to enter into a contract with the Prudential Insurance Company of America to provide health care insurance coverage for City of Little Rock employees for a 12 -month period, effective January 1,. 1994. ADOPTED: November 16, 1993 ATTEST: �• APPROVED AS TO FORM: / THOMAS M. CC// CITY ATTORNEY P41 U!j .10"T .� 40 ! Ii ,Q /I