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HomeMy WebLinkAbout1990-038 . , , 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 RESOLUTION NO. 90-38 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AMENDMENT TO THE AGREEMENT WITH JOHN HANCOCK LIFE INSURANCE COMPANY, RELATING TO A CHANGE IN RATES FOR CITY- PAID LIFE INSURANCE FROM $.56/$1000 TO $.49/$1000 EFFECTIVE JANUARY 1, 1990. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Director of Personnel of the City of San Bernardino is hereby authorized and directed to execute on behalf of said City an amendment attacbed hereto and incor- porated herein, as Exhibit A to agreement with John Hancock Life Insurance, relating to a change in rates effective January 1, 1990, affecting the City-paid life insurance. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San il Bernardino at a reaular meeting thereof held on the 5th day of FAhruarv 1990, by the fOllowing vote to wit: AYES: Counc il Members Estrada, R,:ill,>::~_::,:':.:~:..__ Maudsley, Minor, Pope-Ludlam, Miller NAYS: None ABSENT: None ~h('l~~ / City Clerk The foregoing resolution is hereby approved this .,rC /G day of February , 1990. Mayor Bernardino , .. .. -. 1 AMENDMENT COMPANY, INSURANCE TO THE AGREEMENT WITH JOHN HANCOCK LIFE INSURANCE RELATING TO A CHANGE IN RATES FOR CITY-PAID LIFE EFFECTIVE JANUARY 1, 1990. 2 3 4 Approved as to form and legal content: 5 6 (L~.~_1 lu~tt!~.- I I 7 8 9 10 11 12 13 14 15 16 17 18 il 19 20 21 22 23 24 25 26 27 28 PD JH-L-INSURANCE jr 1/4/90 ., , " 1 2 3 4 S 6 7 8 9 10 11 12 13 14 15 \1 I 16 17 18 19 20 21 22 23 24 25 26 27 28 ". " Exhibit A AMENDMENT TO AGREEMENT (life insurance) THIS AMENDMENT TO AGREEMENT is entered into effective January 1, 1990, between JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY OF BOSTON, MASSACHUSETTS and the CITY OF SAN BERNARDINO, a municipal corporation, "City". The parties agree as follows: 1. Recitals. (a) John Hancock Life and City entered into an agreement on April 1, 1987, under which agreement term life insurance is provided certain city employees and their dependents. ~n~ ~~~igg~~al gQatb 4RQ aicmemeerment iRs~raRoo io pro"'idQQ k?y .IOt:J.R l:I~Rgggk l.ifg tg p:artiqipatiRg em131eyeeo_-:f'1'1) (b) John Hancock Life and city now desire to amend tl ;j ;;;,,:(/ rate decrease from $.56/$1000 of I L",)t.., ,~~_ l' r ::>f coverage, effective through '1 I /' ,....dL t- ,,:..., ::-:~' / --(~: I J\ I~:' i',J..:~ , ~ 1 It, . ,,'CA-./' I ~'/~(I5 ,.: All other terms, conditions and , cc r?p~'( '11 .-:' lall remain in full force and ef .ties hereto have executed this Am ,tes set forth below. 2.-11l. {'LQ.... I Dat JOHN HANCOCK LIFE INSURANCE COMPANY By5f?\JjJ4 Title ~ q- - '.., ~ F .. ,'. 1 2 3 4 5 . AMENDMENT TO AGREEMENT (life insurance) Page 2 CITY OF SAN BERNARDINO 2 -I '1- "). Date By 6 7 8 9 ~~1.#~ / City Cler~ 10 ATTEST: 11 Approved as to form in legal content: 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 - l?eu City Attorney PD JH-L-AMENDMENT jyr 1-4-90