City of Jonesboro - File #: RES-04:537

• File #: RES-04:537
• Version: 1
• Name: Bid acceptance from USAble for city employee insurance
• Type: Resolution
• Status: Passed
• File created: 12/6/2004
• In control: Finance & Administration Council Committee
• Final action: 12/6/2004
• Title: RESOLUTION TO ACCEPT THE BID FROM US ABLE FOR LIFE AND ACCIDENTAL DEATH INSURANCE POLICIES FOR CITY OF JONESBORO EMPLOYEES
• Indexes: Bid acceptance, Contract, Employee benefits
• Related files: MIN-04:148

Date	Ver.	Action By	Action	Result
12/6/2004	1	City Council	Passed	Pass
12/6/2004	1	Finance & Administration Council Committee	Recommended to Council	Pass

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RESOLUTION TO ACCEPT THE BID FROM US ABLE FOR LIFE AND ACCIDENTAL DEATH INSURANCE POLICIES FOR CITY OF JONESBORO EMPLOYEES

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WHEREAS, THE CITY OF JONESBORO PAYS 70% OF THE PREMIUM FOR A $10,000.00 LIFE AND ACCIDENTAL DEATH POLICY ON EACH EMPLOYEE AND PROVIDES A LIFE INSURANCE OPTION FOR EMPLOYEES DEPENDANTS; AND

WHEREAS, THE CITY OF JONESBORO ON OCTOBER 11, 2004, ADVERTISED AND RECEIVED BIDS FOR THESE EMPLOYEE AND DEPENDANT POLICIES; AND

WHEREAS, THE FINANCE AND ADMINISTRATION COMMITTEE RECOMMENDS THE ACCEPTANCE OF THE LOW BID OF $2.30 PER MONTH PER EMPLOYEE FOR SINGLE COVERAGE AND $3.52 PER MONTH PER EMPLOYEE FOR DEPENDANT COVERAGE FROM US ABLE;

NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL FOR THE CITY OF JONESBORO, ARKANSAS THAT:

THE MAYOR IS HEREBY AUTHORIZED TO EXECUTE SUCH DOCUMENTS AS ARE NECESSARY TO EFFECTUATE THIS CONTRACT BETWEEN THE CITY OF JONESBORO AND US ABLE FOR LIFE AND ACCIDENTAL DEATH INSURANCE POLICIES FOR THE EMPLOYEES OF THE CITY OF JONESBORO.

PASSED AND ADOPTED THIS 6^TH DAY OF DECEMBER, 2004.