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File #: 020953    Version:
Type: Resolution Status: Passed
File created: 10/15/2002 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 11/6/2002
Effective date:    
Title: Substitute resolution approving a city group life insurance contract for 2003 through 2007 and appropriating $3,000 from the Common Council Contingent Fund for the services of the City's consultant in connection with implementation of the agreement.
Sponsors: THE CHAIR
Indexes: AGREEMENTS, CONTINGENT FUND, INSURANCE, INSURANCE BENEFITS, WAGES AND BENEFITS
Attachments: 1. 10/15/02 City Atty Cover Letter.PDF, 2. Fiscal Note.PDF, 3. Contingent Fund Info. Request Form.pdf, 4. William Mercer Letter to City Atty..pdf, 5. E-mail to Mutual of Omaha.pdf, 6. Budget reply.PDF, 7. Fiscal Analysis Review.pdf, 8. Mercer Human Resource Consulting Summary Report.PDF, 9. Oct. 25, 2002 City Atty. letter.PDF
Number
020953
Version
SUBSTITUTE 1

Reference

Sponsor
THE CHAIR

Title
Substitute resolution approving a city group life insurance contract for 2003 through 2007 and appropriating $3,000 from the Common Council Contingent Fund for the services of the City's consultant in connection with implementation of the agreement.

Analysis
This substitute resolution awards the City's group life insurance contract for 2003 through 2007 to Mutual of Omaha. The resolution appropriates $3,000 from the Common Council Contingent Fund for consultant services in conjunction with the implementation of the contract. This resolution requires the City Attorney and the Executive Director of the Employes' Retirement System to negotiate a formal contract to be approved by the Common Council.

Body
Whereas, The City has solicited proposals for the City's group life insurance contract for 2003 through 2007; and

Whereas, The City has retained the consulting services of William M. Mercer, Inc. to assist the City in preparing specifications developing a list of prospective bidders and evaluating the proposals that are received in response to the request for proposals; and

Whereas, The consultant has evaluated the proposals and has recommended the City award the proposal ot Mutual of Omaha with changes as referred to in its letter of recommendation and the Executive Director of the Employes' Retirement System and the City Attorney concur in this recommendation; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee as follows:

(1) the Common Council approves the recommendation of the selection of Mutual of Omaha as the City's group life insurance carrier for the period 2003 through 2007;

(2) a sum not to exceed $3,000 is appropriated from the Common Council Contingent Fund and set aside in a special account within the Contingent Fund for services involving the implementation of the award upon authorization for expenditure b...

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