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Resolution No. 6367 .... ..,' .. 1 RESOLUTION NO. 6367 2 3 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING AND AUTHORIZING THE RENEWAL AND EXECUTION OF THE MASTER STOP LOSS POLICY (GUG-2R03) BY AND BETWEEN THE CITY OF VERNON AND UNITED OF OMAHA LIFE INSURANCE COMPANY 4 5 6 WHEREAS, the Master stop Loss Policy with united of Omaha 7 Life Insurance Company effective September 1, 1992, provided 8 insurance coverage under the City's self-insured health plan which 9 pays for hospital, surgical and medical expenses above certain 10 limits, was approved by the City Council of the City of Vernon on 11 May 4,1993, by Resolution No. 6251 and terminated on August 31, 12 1993; and 13 WHEREAS, the City of Vernon desires to renew the Master 14 stop Loss POlicy (GUG-2R03) for the period of September 1, 1993 15 through August 31, 1994. 16 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE 17 CITY OF VERNON AS FOLLOWS: 18 SECTION 1: The City Council of the City of Vernon hereby 19 finds and determines that the recitals contained hereinabove are 20 true and correct. 21 SECTION 2: The City Council of the City of Vernon hereby 22 approves the Master stop Loss Policy (GUG-2R03), effective September 23 1, 1993, a copy of which has been presented to the city Council 24 concurrently with this resolution, and the city Council hereby 25 orders said Policy to be received and filed by the City Clerk. 26 SECTION 3: The City Council of the City of Vernon hereby 27 authorizes the Mayor and the City Clerk to execute and accept said 28 Policy for, and on behalf of, the City of Vernon. . ~. ; --- 1 .. SECTION 4: The City Clerk of the City of Vernon shall 2 certify to the passage of this resolution, and thereupon and 3 thereafter the same shall be in full force and effect. 4 APPROVED AND ADOPTED this 21st day of December, 1993. 5 6 7 A71 BRUCE V. 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 ~ /~fl MALKENHORST, City Clerk -2- ...' 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 "' STATE OF CALIFORNIA ) )ss COUNTY OF LOS ANGELES ) I, BRUCE V. MALKENHORST, ci ty Clerk of the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 6367, was duly adopted by the city Council of the City of Vernon at a regular meeting of the City Council duly held on Tuesday, December 21, 1993, and thereafter was duly signed by the Mayor of the City of Vernon. ( SEAL) -3-