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HomeMy WebLinkAbout2015-02-8214162 ORDINANCE NO. 2015-02-8214 AN ORDINANCE RATIFYING AND APPROVING THE MAYOR'S EXECUTION OF A CONTRACT FOR A STRATEGIC HEALTH RISK ADVISOR & STRATEGIC BENEFIT PLACEMENT SERVICES WITH PEEL & HOLLAND FINANCIAL GROUP FOR ADMINISTRATION OF THE CITY OF PADUCAH' S HEALTHINSURANCE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City of Paducah hereby ratifies the execution of a contract for a Strategic Health Risk Advisor and Strategic Benefit Placement Services with Peel & Holland Financial Group, in the amount of $71,900.00, payable in four equal installments of $17,975 each, for administration services pertaining to the administration of the City of Paducah's health insurance. An additional fee of $200 per hour, subject to a minimum retainer of $5,000.00, will be charged for services requested by the City or the City's legal counsel for issues that arise in connection with employer and employee bargaining, legal matters, disputes or other similar issues. This contract is for the 2015 calendar year. SECTION 2. This expenditure shall be charged to the Insurance Claims account -07302085422307. SECTION 3. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. Mayor ATTEST: J � , ,�� - Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, February 10, 2015 Adopted by the Board of Commissioners, February 24, 2015 Recorded by Tammara S. Sanderson, City Clerk, February 24, 2015 Published by The Paducah Sun, March 12, 2015 \ord\pers\contract-Greg Carlton 2015 _..