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Resolution No. 5813 1 2 RESOLUTION NO. 5813 A RESOLUTION OF THE CITY COUNCIL OF THE 3 CITY OF VERNON DECLARING ITS INTENTION TO RENEW THE MASTER STOP LOSS POLICY AND 4 ADMINISTRATIVE SERVICES CONTRACT BY AND BETWEEN THE CITY OF VERNON AND UNITED OF 5 OMAHA LIFE INSURANCE COMPANY (OMAHA) 6 WHEREAS, the City Council of the City of Vernon adopted 7 Resolution No. 5657 on August 22, 1989, which approved and 8 authorized the execution of an Administrative Services Agreement 9 wi th Omaha, providing for the administration of a heal th care lO benefit plan to provide disability and/or medical care benefits II on behalf of the City of Vernon; and l2 WHEREAS, the City Council of the City of Vernon adopted l3 Resolution No. 5687 on November 7, 1989, which approved and l4 authorized the execution of a Master stop Loss POlicy with Omaha l5 providing insurance coverage under the City's self-insured l6 health plan that pays for hospital, surgical and medical l7 expenses above certain limits; and l8 WHEREAS, the Master stop Loss Policy is to expire on 19 August 31, 1990; and 20 WHEREAS, Section 6 of the Administrative Services 2l Agreement indicates that said Agreement is subject to change any 22 policy renewal date; and 23 WHEREAS, Omaha has advised the City of an increase in 24 the fee structure of the Policy and Agreement and requested that 25 the City of Vernon declare its intention to renew prior to 26 memorializing the amendment in writing; and 27 WHEREAS, the City of Vernon intends to renew said 28 Master stop Loss Policy and Administrative Services Agreement 1 2 for 1990/91 based upon the recommendation of Joan Francone, Risk 3 Manager. 4 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF 5 THE CITY OF VERNON AS FOLLOWS: 6 SECTION 1: The City Council of the city of Vernon 7 hereby finds and determines that the recitals contained 8 hereinabove are true and correct. 9 SECTION 2: The City Council of the City of Vernon lO hereby gives notice of its intention to approve an amendment to II the Master stop Loss Policy and Administrative Services l2 Agreement. l3 l4 l5 l6 l7 SECTION 3: The city Clerk of the City of Vernon shall certify to the passage of this resolution and thereupon and thereafter the same shall be in full force and effect. APPROVED AND ADOPTED this 21st day of August, 1990. l8 /p/~~~' MALKENHORST, city Clerk 19 20 2l 22 23 24 25 26 27 28 Ah: BRUCE V. -2- 1 STATE OF CALIFORNIA } 2 ) ss COUNTY OF LOS ANGELES ) 3 4 5 6 7 I, BRUCE V. MALKENHORST, City Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 5813, was duly adopted by the City Council of the ci ty of Vernon at a regular meeting of the ci ty Council duly held on Tuesday, August 21. 1990. and thereafter duly signed by the Mayor of the City of Vernon. 8 9 lO 1l l2 l3 14 l5 l6 l7 l8 19 20 2l 22 23 24 25 26 27 28 /5' /~ BRUCE V. MALKENHORST, City Clerk (SEAL) -3-