HomeMy WebLinkAboutOrdinances Book 13, Page 393, No Ordinance Number393 /
AN ORDINANCE OMNDING SECTIOU 3 OF AN ORDINAI'ICE RETITLED:
°Ful ORDINANCE PROVIDIKG FOR THE OBTAII1I1IG AND PROCIRIIIG OF LIFE
INSURANCE ON THE GROUP PLAN FOR I.-MI.MERS OF 1THE POLICE AND FIRE
DEPARTI21\1TS AND PROVIDING FOR THE PAYMENT OF THE PRE1,3112•IS THEREOI:sr,
WHICH WAS ADOPTED BY THE BOARD OF COI•I•IISSIONERS ON JUNE 16, 1936,
AND A IDED ON 1-7AY 29, 1951
BE IT ORDAIIEED BY THE BOARD OF C01111ISSIOUTERS OF THE CITY
OF PADUCAH, KE"1NTUCPY:
SECTION 1. That Section 3: of an ordinance containing the
title quoted above, which was adopted by the Board of Commissioners
on June 16, 1936 and amended on I•lay 29, 1951, be further amended so
that said section as amended shall read as follows:
"SECTIOU 3. Said premiums shall be paid in monthly installments
and shall be set apart out of the amounts due and owing, to said
employees by the City of Paducah as of the payroll period ending the
15th day of each and every month hereafter so long as said insurance
shall remain in full force and effect.
"The John Hancock i•=utual Life Insurance Company of Boston,
I•;assachusetts, havir; proposed a plan of such group life insurance and
by the terms of .-nich each member of said group of insurance as herein
provided would have an insurance benefit upon his life of :,1,000 or
„'2,000 as may be elected by the employee, the Eayor is authorized to
execute by signia , on behalf of the City of Paducah, and subject to
the conditions contained in this ordinance, any application, instrument
or contract for the procurement of such insurance."
SECTIOE 2_ This ordinance shall be in full force and effect
from and after its adoption.
Passed by the Board of Commissioners AuSust 16, 1955
Recorded by Sarah Thurman, City Cleric, Augttist 16, 1955.