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HomeMy WebLinkAbout1987-025 . .. ' -. " 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. 87-25 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF A FIRST AMENDMENT TO AGREEMENT WITH THE JOHN HANCOCK LIFE INSURANCE COMPANY, RELATING TO AN EXTENSION OF THE AGREEMENT FOR ADMINISTRATIVE SERVICES ON THE CITY'S INSURANCE AND BENEFIT PROGRAMS. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor of the City of San Bernardino is hereby authorized and directed to execute on behalf of said City a First Amendment to Agreement with the John Hancock Mutual Life Insurance Company relating to an extension of the agreement for administrative services on the City's insurance and benefit programs, a copy of which is attached hereto, marked Exhibit "A" and incorporated herein by reference as fully as though set forth at length. I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San Bernardino at a reqular meeting thereof, held on the , 1987, by the following vote, to 2nd day of February wit: AYES: Council Members Estrada. ReillY. Hernandez. Frazier. Strickler NAYS: None ABSENT: Council Member Quiel ~~ C Y Clerk 1-9-87 ., - '. II I'. il , 1 The foregoing reso1uti approved this 1/~L 2 of February , 1987. 3 4 5 6 Approved as to form: 7 ~~~d/ 8 City Attorney 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 1-9-87 : 1 FIRST AMENDMENT TO AGREEMENT 2 (Administrative Services) 3 THIS FIRST AMENDMENT TO AGREEMENT is entered into this 4 day of , 1987, by and between JOHN HANCOCK MUTUAL 5 LIFE INSURANCE COMPANY (herein called the Insurer) and the CITY OF 6 SAN BERNARDINO, a municipal corporation (herein called the 7 Policyholder). 8 Insurer and Policyholder agree as follows: 9 1. Recitals. 10 A. Insurer and Policyholder entered into an agreement 11 effective January 1, 1987, relating to Insurer providing 12 administrative services for the City's self-funded health programs 13 in the area of claims processing and financial and technical 14 consultation. 15 B. Insurer and Policyholder desire to amend said 16 agreement to provide for a one year extension of the agreement and 17 to provide that the charge to the Policyholder for the basic 18 services shall be $8.08 per employee monthly plus CAPS at $.90 per 19 employee monthly rather than the present charge of $7.58. 20 2. Term. The term of the agreement is hereby extended for 21 an additional one year, commencing January 1, 1987 and terminating 22 December 31, 1987. 23 3. Amendment to Appendix D. Appendix D of the agreement is 24 amended to change the monthly premium for administrative services 25 from $7.58 per employee to an administrative services premium of 26 $8.98 comprised of $8.08 per employee monthly for basic services 27 plus $.90 per employee .onthly for CAPS. 28 4. Other Provisions. All other te~s and conditions of the , ,..." '0.... 1 agree.ent shall re.ain the saae and be in full force and effect. 2 IN WITNESS WHEREOF, the parties hereto have executed this 3 First Amendment to Agreement on the day and year first above . written. 5 6 7 8 9 10 ATTEST: JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY By: Title CITY OF SAN BERNARDINO 11 By 12 City Clerk 13 Mayor 14 Approved as to form: 15 ~;r#/~ 16 City Attorney 17 18 19 20 21 22 23 24 25 26 27 28 1/22/87 -2-