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HomeMy WebLinkAbout5160 RESOLUTION NO 5,160 A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE AGREEMENTS FOR HOSPITALIZATION AND LIFE INSURANCE FOR CITY EMPLOYEES ; AND FOR OTHER PURPOSES I BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS. SECTION 1. The City Manager is hereby authorized to execute an agreement with Fidelity Bankers Life Insurance Company of Richmond, Virginia to be serviced through the Arkansas Municipal League whereby hospitalization insurance would be provided for all active employees of the City of Little Rock with all premium cost at a rate not to exceed $13 . 12 per employee per month being paid by the City of Little Rock. SECTION 2 . The City Manager is hereby authorized to execute an agreement with National Investors Insurance Company whereby life insurance would be provided for all active employees of the City of Little Rock with all premium cost at a rate not to exceed 43 per $1 ,000 . 00 of insurance per employee per month. SECTION 3 . This Resolution shall be in full force and effect from and after its adoption. ADOPTED: March 13, 1974 ATTEST: (?! APPROVED: K/ City Clerk Mayor