07/08/2014 Resolutions 2014-189 RESOLUTION 2014-189
Whereas, the City provides life insurance to employees and their dependents as
prescribed in labor agreements and as authorized by the City of Grand Island Personnel
Rules; and
WHEREAS, Strong Financial Resources, Inc. of Aurora is the agent of record;
and
WHEREAS, The cost for Life Insurance benefit will be .13 cents per thousand for
employee coverage and .74 cents per family unit for family coverage; and
WHEREAS, the contract will commence on August 1, 2014 and will renew
annually through July 31, 2017 and the proposed rate is guaranteed for a three year
contract period; and
WHEREAS, employees may have the ability to purchase supplemental coverage
at their own expense.
NOW, THEREFORE BE IT RESOLVED BY THE MAYOR AND COUNCIL
OF THE CITY OF GRAND ISLAND,NEBRASKA, that the Life Insurance contract
with Aetna is hereby approved.
Adopted by the City Council of the City of Grand Island, ,ebraska, July 8, 2014.
'JayAVM'
av k,Mayor
Attest:
Can0,...Q- Jc?...Wa5M-a7-
RaNae Edwards, City Clerk
Approved as to Form a Egli;
July 7,2014 n City orney