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HomeMy WebLinkAbout1989-057 , 4. ! 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 -~--~I- RESOLUTION NO. 89-57 RESOLUTION OF THE CITY OF SAN BERNARDINO AUTHORIZING THE EXECUTION OF AN AMENDMENT TO 'lIHE AGREEMEN'J' v~I'I'H JOHN HANCOCK LIFE INSURANCE COMPANY, RELATING TO A CHANGE IN RATES FOR CITY-PAID LIFE INSURANCE FROM $.43/$1000 TO $.56/$1000 EFF'ECrrIVE FEBRUARY 1, 1989. BE I'll RESOLVED BY THE MAYOR AND COti1lvl0N 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 to agreement with John Hancock Life Insurance, rela.ting to a change in rates effective February 1, 1989, affecting the City-paid life insurance. I HRREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor an~ Common Council of the City of San regular Bernard ino a.t an adiourned/ meeting thereof held on the 13th day of , 1989, by the following vote to wit: March AYES: Council r,1embers Reilly, Flores, Maudsley. Minor, Miller NAYS: None ABSEN'l'l : Council Member Estrada ABSTAIN: Council Member Pope-Ludlam J~j)~ ~t:;K . t , 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 AMENDMENT TO THE AGREEMENT WITH JOHN HANCOCK LIFE INSURANCE COMPANY, RELATING TO A CHANGE IN RATES FOR CITY-PAID LIFE INSURANCE EFFECTIVE FEBRUARY 1, 1989. The foregoing resolution of ~d.J is hereby approved this /~c!b day , 1989. J ~w?l~ ~ox, Mayor City of San Bernardino Approved as to form and legal content: j~~ 1 2 3 AMENDMENT TO AGREEMENT (life insurance) THIS AMENDMENT TO AGREEMENT is entered into effective 4 February 1, 1989, between JOHN HANCOCK MUTUAL LIFE INSURANCE S COMPANY OF BOSTON, MASSACHUSETTS and the CITY OF SAN BERNAR- 6 DINO, a municipal corporation, "City". 7 8 9 10 The parties agree as follows: 1. Recitals. (a) John Hancock Life and City entered into an ag r eemen t on Apri 1 1, 1987 , under which agreement term 11 life insurance is provided certain City employees and their 12 dependents, and accidental death and dismemberment insurance 13 is provided by John Hancock Life to participating employees. 14 (b) John Hancock Life and City now desire to amend 15 the agreement to provide for a rate increase from $.43/$1000 16 of life insurance to $.56/$1000 of coverge, effective through 17 December 31, 1989. 18 2 . Other Provisions. All other terms, conditions and 19 covenants of the agreement shall remain in full force and 20 effect. 21 IN WITNESS WHEREOF, the parties hereto have executed 22 this Amendment to Agreement on the dates set forth below. 23 JOHN HANCOCK LIFE INSURANCE COMPANY 24 By 2S 26 Title Date 27 28 t 1 2 3 4 S 6 .. 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2S 26 27 28 AMENDMENT TO AGREEMENT (life insurance) Page 2 CITY OF SAN BERNARDINO By Date . ATTEST: City Clerk Approved as to form in legal content: J Mayor