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HomeMy WebLinkAbout2012-11-7991ORDINANCE NO. 2012-11-7991 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A STRATEGIC HEALTH RISK ADVISOR & STRATEGIC BENEFIT PLACEMENT SERVICES CONTRACT WITH PEEL & HOLLAND FINANCIAL GROUP FOR ADMINISTRATION OF THE CITY OF PADUCAH'S HEALTH INSURANCE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the Mayor is hereby authorized to execute a Strategic Health Risk Advisor and Strategic Benefit Placement Services contract with Peel & Holland Financial Group, in the amount of $65,000.00, payable in four equal installments of $16,250 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 2013 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. ATTEST: Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, November 13, 2012 Adopted by the Board of Commissioners, November 20, 2012 Recorded by Tammara S. Sanderson, City Clerk, November 20, 2012 Published by The Paducah Sun, November 26, 2012 \or Eters\contract-Greg Carlton 2013