10/26/2010 Resolutions 2010-301RESOLUTION 2010-301
Whereas, the City provides long term disability insurance to employees as
prescribed in labor agreements and as authorized by the City of Grand Island Personnel
Rules; and
WHEREAS, the City of Grand Island advertised a request for proposal for
its Long Term Disability Insurance benefits; and
WHEREAS, a Committee consisting of members of the Human
Resources Department, the Finance Department, and the Attorney/Purchasing Agent met
and reviewed proposals for vendor selection; and
WHEREAS, Strong Financial Resources, Inc. of Aurora brought in the
proposal by CIGNA Group Insurance that best met the criteria used to evaluate the
companies as well as the most competitive pricing; and
WHEREAS, The cost for Long Term Disability Insurance benefits will be
18 per $100 of wages; and
WHEREAS, the proposed rate is guaranteed for a three year contract
period; and
WHEREAS, the contract will commence on December 1, 2010 and will
renew annually through November 30, 2013;
NOW, THEREFORE BE IT RESOLVED BY THE MAYOR AND
COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the Long term
Disability Insurance contract with CIGNA Group Insurance is hereby approved.
Adopted by the City Council of the City of Grand Island, Nebraska, October 26, 2010.
Margaret ornady, May
Attest:
~~~ ~=~~,
RaNae Edwards, City Clerk
Approved as to Form ~
October 25, 2010 II City Attorney