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HomeMy WebLinkAbout1989-118 19 20 21 22 23 24 26 28 1 2 3 4 5 6 7 8 9 RESOLUTION NO. 89-118 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 $.43/$1000 TO $.56/$1000 EFFECTIVE FEBRUARY 1, 1989. AND REPEAL"OF RESOLUTION NO. 89-- 57'. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. Resolution No. 89-57 is hereby repealed. SECTION 2. The Mayor of the City of San Bernardino is 10 hereby authorized and directed to execute on behalf of said 11 12 City an amendment to agreement with John Hancock Life Insur- ance, relating to a change in rates effective February 1, 13 1989, affecting the City-paid life insurance. 14 15 I" HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and Common Council of the City of San 16 17 18 Bernardino at a reqular meeting thereof held on the 1st day of Mav , 1989, by the following vote to wit: AYES: Counc il Member s Estrada, Flores, Maudsley, Minor, Pope-Ludlam, Miller NAYS: None ABSENT: Council Member Reilly c~~~~/ / CITY CLERK 25 27 (Continued) Page 1 04/13/89 1 2 AMENDMENT TO THE AGREEMENT WITH JOHN HANCOCK LIFE INSURANCE 3 COMPANY, RELATING TO A CHANGE IN RATES FOR CITY-PAID LIFE INSURANCE EFFECTIVE FEBRUARY 1, 1989. 4 5 6 The foregoing resolution is hereby approved this c7A~ of 7 8 9 10 11 12 day MaY , 1989. ~AtGt~&ld~y Ev yn Wi1c x, Mayor, City of San Bernardino Approved as to form.and legal content: 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 It City Attorney " . . 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 7--- - W -' //t AMENDMENT TO AGREEMENT (life insurance) THIS AMENDMENT TO AGREEMENT is entered into effective February 1, 1989, between JOHN HANCOCK MUTUAL LIFE INSURANCE COMPANY OF BOSTON, MASSACHUSETTS and the CITY OF SAN BERNAR- DINO, a municipal corporation, "City". The parties agree as follows: 1. Recitals. I agreement (a) John Hancock Life and City entered into an on February 1. 1989 , under which agreement term life insurance is provided certain City employees and their dependents. (b) John Hancock Life and City now desire to amend the ag~eement to provide for a rate increase from $.43/$1000 of life insurance to $.56/$1000 of coverge, effective through December 31, 1989. 2. Other Provisions. All other terms, conditions and covenants of the agreement shall remain in full force and effect. IN WITNESS WHEREOF, the parties hereto have executed this Amendment to Agreement on the dates set forth below. JOHN HANCOCK LIFE INSURANCE COMPANY By G - 8"- 8-lf Date Title 1 f' 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 AGREEMENT (life insurance) Page 2 (I 3. 3'1 Date I ATTEST: / By Approv~d as to form in legal content: ~t.fe City Attorney