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HomeMy WebLinkAbout09-23-10-2y - Resolution - 09/23/2010RESOLUTION NO. 09-23-10-2y A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS, APPROVING THE NON -RENEWAL OF A CONTRACT FOR LONG TERM DISABILITY WITH STANDARD INSURANCE COMPANY. WHEREAS, the City of College Station, Texas, solicited bids for long term disability benefits as part of the employee group health plan. WHEREAS, Standard Insurance Company was selected as the lowest responsible bidder for the management of the long term disability plan. WHEREAS, the City will terminate, for convenience, contract no. 09-092, with Standard Insurance Company, as according to the contract; now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF COLLEGE STATION, TEXAS: PART 1: That the City Council hereby terminates agreement 09-092 with Standard Insurance Company for convenience and approves a non -renewal of the agreement as according to the group policy terms of the contract. PART 2: That the City may terminate this Agreement without cause and without penalty by providing Standard Insurance Company with written notice of such termination and termination will be effective on January 1, 2011. PART 3: That this resolution shall be the City's notice and take effect immediately. ADOPTED this (.9 day of ATTEST: EMA,6 6 , A.D. 2010. City Secretary APPROVED: City Attorney APPROVED: