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HomeMy WebLinkAbout10363! r Ji d ORDINANCE NO. 10,363 AN ORDINANCE AUTHORIZING AND DIRECTING THE BOARD OF PUBLIC AFFAIRS TO AMEND THE CONTRACT WITH THE PRESENT CARRIER, NEW Y ORK LIFE INSURANCE COMPANY TO PROVIDE INCREASED LIFE INSURANCE FOR CERTAIN EMPLOYEES OF THE NON UNIFORM EMPLOYEES, REPEALING ALL OTHER ORDINANCES IN CONFLICT AND FOR OTHER PURPOSES. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LITTLE <,. ROCK, ARKANSAS: SECTION 1. The Board of Public Affairs is hereby authorized and directed to amend the contract with the New York Life Insurance Company; to double life in- surance protection for those now receiving $1,000.00 pr-o- tection and $2,000.00 protection who are presently employed and to any new employees hereafter employed in the Non Uniform Group. SECTION 2. The increased benefits shall be effective as of January 1, 1957. SECTION 3. All ordinances or parts of ordinances in conflict herewith are hereby repealed, and this ordinance shall be in full force and effect from and after its passage and approval. PASSED: November 26, 1956 ATTEST: City Clerk P17ayo t VETO OVER - RIDDEN: December 11� 16