Laserfiche WebLink
RESOLUTION NO. 2024-242R <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN <br /> MARCOS, TEXAS APPROVING A CONTRACT EXTENSION WITH <br /> MINNESOTA LIFE INSURANCE COMPANY, AND MADISON <br /> NATIONAL LIFE INSURANCE COMPANY, THROUGH OCHS, INC., <br /> FOR BASIC TERM LIFE,VOLUNTARY LIFE,AD&D,AND LONG-TERM <br /> DISABILITY INSURANCE ADMINISTRATION, FOR AN ESTIMATED <br /> ANNUAL AMOUNT OF $1.76,000.00; AUTHORIZING THE CITY <br /> MANAGER, OR HER DESIGNEE, TO EXECUTE THE APPROPRIATE <br /> DOCUMENTS TO IMPLEMENT THE EXTENSION ON BEHALF OF THE <br /> CITY; AND DECLARING AN EFFECTIVE DATE. <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br /> TEXAS: <br /> PART 1. A contract extension with Minnesota Life Insurance Company, and Madison <br /> National Life Insurance Company, through Ochs, Inc., for Basic Term Life, Voluntary Life, <br /> AD&D, and Long-Term Disability Insurance administration, in the estimated annual amount of <br /> $176,000.00 is approved. <br /> PART 2. The City Manager, or her designee, is authorized to execute the appropriate <br /> documents to implement the extension on behalf of the City. <br /> PART 3. This resolution shall be in full force and effect immediately from and after its <br /> passage. <br /> ADOPTED on December 3, 2024. <br /> J e Hugh <br /> son <br /> Mayor <br /> Attest: <br /> Elizabeth Trevino <br /> City Cleric <br />