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Resolution No. 2010-097RESOLUTION NO. 2010-97 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON APPROVING THE PAYMENT OF'PREMIUMS FOR INSURANCE FOR LIFE, MEDICAL AND DENTAL BENEFITS FOR EMPLOYEES DURING THE 2010-2011 FISCAL YEAR WHEREAS, the City Council of the City of Vernon in prior fiscal years has approved for each fiscal year the City's payment of premiums for insurance for life, medical and dental benefits for employees; and WHEREAS, on July 19, 2010, the City Council considered the City's payment of premiums for insurance for life, medical and dental benefits, applicable for the fiscal year 2010-2011 only, for full-time regular employees; and WHEREAS, on March.1, 2010, the City Council adopted Resolution No. 2010-34 to continue paying the full insurance cost for employee insurance coverage, continue permitting dependents to be eligible for insurance coverage, but not to pay the insurance cost for dependent insurance coverage, and WHEREAS, the City Council of the City of Vernon wishes to adopt its policy applicable for the fiscal year 2010-2011 only respecting payment of premiums for the City's insurance for life, medical and dental benefits for employees and to declare that such benefitsarenot vested rights and will expire at the conclusion of the fiscal year unless authorized and approved by the City Council for the next `fiscal year. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL_OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon does hereby find and determine that the recitals contained hereinabove are true and correct. SECTION 2: The City Council of the City of Vernon hereby adopts the following policy for the 2010-2011 fiscal year and declares that such benefits are not vested rights and are approved for this fiscal year only: The City will pay the insurance premium for the City's program for life, medical and dental benefits as such benefits are in effect as of June 30, 2010, for all full-time regular employees. SECTION 3: The City's agreement to pay the full cost of said premiums provided for above, shall not create or ripen into a vested right in said employee to any such life, medical or dental benefit beyond June 30, 2011. SECTION 4: The City Clerk of the City of Vernon shall certify to the passage, approval and adoption of this resolution, and the City Clerk of the City of Vernon shall cause this resolution and the City Clerk's certification to be entered in the File of Resolutions of the Council of this City. APPROVED AND ADOPTED this 19th day of July 2010. ATTIST : Wi l Tard G . Y_a-%ag(ich6,) City Clerk Name: Hilario Gonzales Title: Mayor / 2 STATE OF CALIFORNIA ) ss COUNTY OF LOS ANGELES ) I Willard G. Yamaguchi, City Clerk of,the City of Vernon, do hereby certify that the foregoing Resolution, being Resolution No. 2010-97, was duly passed, approved and adopted by the City Council of the City of Vernon at a regular meeting of the City Council duly held on Monday, July 19, 2010, and thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of Vernon. Executed this day of July, 2010, at Vernon, California. Willard G. a a gu61, City Clerk (SEAL) CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: July 20, 2010 TO: Rory Burnett, Finance Director/City Treasurer Martha Valenzuela, Director of Business Services/Personnel 'FROM: Willard Yamaguchi, City ClerkbA6 - RE: Resolution No. 2010-97 — A Resolution of the City Council of the City of Vernon Approving the Payment of Premiums for Insurance for Life, Health and Dental Benefits for Employees During the 2010-2011 Fiscal. Year Transmitted herewith is a copy of Resolution No. 2010-97 referenced above, which was approved by City Council on July 19, 2010: Thank you. WY:dj Attachment c: Karina Rueda Resolution No. 2010-97 RECEIVED n n 1 4 2010 STAFF REPORT CITY CLERWS OFFICE Risk Management DATE: July 13, 2010 TO:. Honorable Mayor and City Council FROM: Willard G. Yamaguchi, Risk Manager RE: Continue Payment of Employee Benefits Premiums for Fiscal Year 2010-11 Background: Each fiscal year, the City Council of the City of Vernon approves the City's payment of insurance premiums for insurance for medical, dental, and life insurance benefits for employees Recommendation: I recommend that the Council adopt a resolution approving the continued payment of insurance premiums for full-time employees only for medical, dental, and life insurance benefits, applicable for Fiscal Year 2010-2011 only. WGY/ab cc: Donal O'Callaghan a JUL 13 2010 Inter Office Memorandum Risk Management DATE: July 13, 2010 TO: Donal O'Callaghan, City Administrator FROM Background: Willard G. Yamaguchi, Risk Manager Continue Payment of Employee Benefits Premiums for Fiscal Year 2010-11 Each fiscal year, the City Council of the City of Vernon approves the City's payment of insurance premiums for insurance for medical, dental, and life insurance benefits for employees. Recommendation: I recommend that the Council adopt a resolution approving the continued payment of insurance premiums for full-time employees only for medical, dental, and life insurance benefits, applicable for Fiscal Year 2010-2011 only. Please place this item on the July 19, 2010, agenda. WGY/ab BY:�