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A RESOLUTION TO ENTER INTO AN AGREEMENT WITH AMERICAN FIDELITY ASSURANCE COMPANY TO PROVIDE A FLEXIBLE COMPENSATION PLAN TO CITY OF JONESBORO EMPLOYEES
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WHEREAS, The City of Jonesboro offers a flexible compensation plan as a voluntary benefit for employees; and
WHEREAS, American Fidelity Assurance Company has proposed to provide this coverage for 2019 and details of this proposal are attached as Exhibit A.
NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL, FOR THE CITY OF JONESBORO, ARKANSAS, THAT:
SECTION 1: The coverage proposal provided by American Fidelity Assurance Company is approved.
SECTION 2: The effective dates of coverage shall be January 1, 2019 through December 31, 2019.
SECTION 3: The Mayor and City Clerk are hereby authorized to execute such documents as are necessary to effectuate this agreement.
PASSED AND APPROVED this 8th day of November, 2018.