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HomeMy WebLinkAboutReso 95-179 - Authorizing entering into a 1 yr contract eff 07-01-95 with Connecticut General for insurance coverages � � RESOLUTION NO. 95-�q A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING AUTHORIZING ENTERING INTO A ONE-YEAR CONTRACT EFFECTIVE 7/1/95 WITH CONNECTICUT GENERAL FOR THE FOLLOWING INSURANCE COVERAGES: SPECIFIC STOP-LOSS, AGGREGATE STOP- LOSS, EMPLOYEE AND DEPENDENT LIFE, ACCIDENTAL DEATH AND DISMEMBERMENT, AND CONVERSION. WHEREAS, the City's insurance consultant has been negotiating the renewal of group insurance coverages for specific stop-loss, aggregate stop-loss, employee and dependent life, accidental death and dismemberment, and conversion; and WHEREAS, the current carrier is Insurance Company of North America; however, the consultant has negotiated improved contract terms with Connecticut General for the period July 1, 1995, through June 30, 1996, as set forth in the accompanying Report to City Council; and WHEREAS, it is the recommendation of the Human Resources Manager that the City enter into a one-year contract with Connecticut General, effective July l, 1995; NOW, THEREFORE, IT IS HEREBY RESOLVED by the City Council that the City enter into a one-year contract with Connecticut General, effective July 1, 1995, for specific stop-loss, aggregate stop-loss, employee and dependent life, accidental death and dismemberment, and conversion, in the amounts and/or rates set forth in the Report to City Council. BE IT FURTHER RESOLVED that the Mayor is authorized to execute the necessary contracts upon form approval by the City Attorney; and the Clerk is directed to attest the Mayor's signature and affix the official seal of the City to the documentation. I HEREBY CERTIFY that the foregoing Resolution was introduced, read, and adopted at a regular meeting of the City Council on the �st day of August , 1995, by the following vote: AYES: COUNCIL MEMBERS: R. Anderson, McGeorge, Murray and Kehoe NOES: COUNCIL MEMBERS: None ABSENT:. COUNCIL MEMBERS: P. Anderson ABSTAIN: COUIVCIL MEMBERS: None � AVID A. HOE, Ma or � (�' � A�' ST: F4 OV/� �'1 � r�/ �G?/2 � , , c � -�1�l�t� \ l�i1NNIE STRO AYER, City Clerk W. LEONARD WINGA , City Attorney �