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10/13/2015 Resolutions 2015-283 RESOLUTION 2015-283 Whereas, the City provides long teem 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 has maintained a contract with Cigna Group Insurance since December 1, 2010 and has been offered a two year renewal contract with a$0.02 per$100 covered payroll price increase; and WHEREAS, the cost for Long Term Disability Insurance benefits will be $0.20 per$100 of wages; and WHEREAS, the proposed rate is guaranteed for a two year contract period; and WHEREAS, the contract will commence on December 1, 2015 and will renew annually through November 30, 2017. NOW, THEREFORE BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA that the Long Teim Disability Insurance contract with CIGNA Group Insurance is hereby approved. Adopted by the City Council of the City of Grand Island, Nebraska, October 13, 2015. Jere . Je se.t1 a t Attest: 110 % II 1St RaNae Edwards, City Clerk Approved as to Form a .r r4 October 12,2015 a City •Mrney