HomeMy WebLinkAbout7078r r r r r� r r r r�•r r r r r
RESOLUTION NO. 7,07E
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
AWARD A CONTRACT FOR EMPLOYEE HEALTH AND LIFE
INSURANCE; AND FOR OTHER PURPOSES.
WHEREAS, the Prudential Life Insurance Company has provided
health and life insurance coverage for employees of the City of
Little Rock for three years; and
and
WHEREAS, said company was selected after competitive bidding;
119
WfiEREAS, the contract renewal for 1984 recommends a rate increase
of 20% in the medical rates and no change in the life insurance
rates; and
WHEREAS, the Prudential Life Insurance Company has provided
excellent claim services for the employees of the City of Little
Rock; and
WHEREAS, the City's insurance consultant, the Atkins Insurance
Corporation, has recommended that we extend our existing contract,
but reserve the right to renegotiate same or to seek an alternative
carrier during the year,
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the
City of Little Rock, Arkansas:
SECTION 1. The City Manager is hereby authorized to enter into
a contract with the Prudential Insurance Company for a total contract
price as set out, the funds for which have been allocated in the
budget.
SECTION 2. From time to time as may be required, the City
Manager and the Director of Finance are hereby authorized and directed
to issue the necessary warrants in payment of the contract price.
SECTION 3. This Resolution shall be in full force and effect
from and after its adoption and approval.
ADOPTED: November 1, 1983
ATTEST: ,y� APPROVED:
ity Clerk Jane Czech Mayor J. W. Benafield