HomeMy WebLinkAboutMO # 1167MUNICIPAL ORDER NO. 1167
A MUNICIPAL ORDER ADOPTING AMENDMENT NO. 6A TO THE
REVISED HEALTH INSURANCE MASTER PLAN DOCUMENT FOR EMPLOYEES
OF THE CITY OF PADUCAH
WHEREAS, by Municipal Order No. 1077, adopted by the City of
Paducah on June 22, 2004, the City of Paducah adopted a Revised Health Insurance
Master Plan Document for employees of the City of Paducah, and
WHEREAS, the City desires to update this plan to add a third medical and
drug plan option called, "The Investor Plan," to the City's health insurance plan.
BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY:
SECTION 1. The City of Paducah adopts Amendment No. 6A to the
Revised Health Insurance Master Plan Document for employees of the City of Paducah.
This amendment will add a third medical and drug plan option called, "The Investor
Plan," and will have the following coverage as outlined below:
Investor Plan Summary
In -Network sgl/fam
Out -of -Network sgl/fam
Coverage not requiring a
Well Exams and Preventive
Well Exams and Preventive
deductible or copay.
Care, subject to an annual
Care, subject to an annual
limit of $400 per covered
limit of $400 per covered
person
person
Deductible
$3,000/$6,000
$6,000/$12,000
Annual Out -of -Pocket Limit
$3,000/$6,000
$6,000/$12,000
(including deductible)
Coinsurance after
100%
100%
deductible is met
Medical and Rx expenses
Yes
Yes
apply to this plan Subject to
all plan provisions,
conditions, and exclusions.
SECTION 2. This change takes effect January 1, 2006.
SECTION 3. This order shall be in full force and effect from and after the
date of its adoption.
ATTEST:
-'Ammim /,
Tammara S. Brock, City Clerk
Adopted by the Board of Commissioners October 25, 2005
Recorded by Tammara S. Brock, City Clerk, October 25, 2005
\mo\health ins — amend #6A
107
1:
A RESOLUTION OF THE BOARD OF COMMISSIONERS OF
THE CITY OF PADUCAH, KENTUCKY, RELATING TO THE
ISSUANCE BY THE KENTUCKY ECONOMIC
DEVELOPMENT FINANCE AUTHORITY OF REVENUE
BONDS TO FINANCE, AMONG OTHER THINGS, COSTS
INCURRED BY BAPTIST HEALTHCARE SYSTEM, INC., IN
CONSTRUCTING AND ACQUIRING CERTAIN HOSPITAL
FACILITIES IN THE CITY
WHEREAS, Baptist Healthcare System, Inc. ("BHS"), a Kentucky nonprofit corporation,
desires to finance costs of constructing and acquiring certain hospital and related health care
properties at Western Baptist Hospital in the City of Paducah (the "City"), consisting of a new
regional heart center, 4th floor hospital renovation to expand telemetry (cardiac) monitored beds,
catheterization lab upgrades, acquisition of automated pharmacy cabinets, digital mammography
equipment and digital cardiology equipment, and other hospital equipment, fixtures and
improvements (the "BHS Project"), up to $23 million of the costs of which are presently
expected to be financed by the Bonds hereinafter defined; and
WHEREAS, it is expected that the acquisition and operation of the BHS Project by BHS
will have a positive impact on the local economy and the delivery of hospital and health care
services to the citizens of the City and the surrounding areas and, in particular, will result in the
provision of more efficient and effective hospital and health care services in the area; and
WHEREAS, the Kentucky Economic Development Finance Authority ("KEDFA"), a
body politic and corporate within the Economic Development Cabinet of the Commonwealth of
Kentucky, created and existing pursuant to the provisions of KRS Chapter 154, possesses the
legal authority to authorize and issue revenue bonds to provide financing for the BHS Project
upon the request of the City as required by KRS 103.210(1); and
WHEREAS, such financing, when undertaken by KEDFA, will enable BHS to continue
to provide substantial employment for residents of the area; and
WHEREAS, the City, for the reasons above stated, desires to request the issuance of such
revenue bonds by KEDFA (the "Bonds") for the purpose of financing, among other hospital
projects located in other cities, the BHS Project, and it is appropriate that this Resolution be
adopted in order to evidence such request;
NOW THEREFORE BE IT RESOLVED AND ORDERED BY THE CITY OF
PADUCAH KENTUCKY ACTING BY AND THROUGH ITS BOARD OF
COMMISSIONERS. AS FOLLOWS:
Section 1. It is hereby found, determined and declared that the statements of fact set
forth in the preamble to this Resolution are true and accurate in all respects, and the preamble
and all of the recitals therein are incorporated in this Resolution by reference, as if set forth
verbatim herein.
Section 2. The City hereby requests the issuance of the Bonds by KEDFA in order to
finance certain costs of the BHS Project for BHS. Such request is made solely for the purpose of
satisfying the statutory requirement of KEDFA for such local request and shall not be deemed to
constitute an approval of the BHS Project for any other municipal purpose of the City.
' Section 3. The adoption of this Resolution shall not be deemed to and shall not
constitute an approval of the Bonds or any representation made by KEDFA or BHS in the
issuance thereof and shall not impose any liability or responsibility, financial or otherwise, upon
the City.
Section 4. This Resolution shall be in full force and effect from and after its
adoption.
109
ADOPTED by the Board of Commissioners of the City of Paducah, Kentucky, on
November 8, 2005, signed by the Mayor, attested by the City Clerk and declared to be in full
force and effect.
Attest:
Tammara S. Brock, City Clerk
Certification
William F. Paxtot III, Mayor
I, the undersigned, do hereby certify that I am the duly qualified and acting City Clerk of
the City of Paducah, Kentucky (the "City"), and as such Clerk I further certify that the foregoing
is a true, correct and complete copy of a Resolution duly adopted by the Board of
Commissioners of the City at a properly convened meeting held on November 8, 2005, signed by
the Mayor and now in full force and effect, all as appears from the official records of the City in
my possession and under my control.
IN WITNESS WHEREOF, I have hereunto set my hand this November _, 2005.
Resolutions\Western Baptist 2005
33 8252.1
Tammara S. Brock, City Clerk
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