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HomeMy WebLinkAbout2015-10-8316437 ORDINANCE NO. 2015-10-8316 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE 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 HEALTH INSURANCE BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City of Paducah hereby authorizes the Mayor to execute of a contract for a Strategic Health Risk Advisor and Strategic Benefit Placement Services with Peel & Holland Financial Group, in the amount of $76,900.00, payable in four equal installments of $19,225 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 2016 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, October 13, 2015 Adopted by the Board of Commissioners, October 20, 2015 Recorded by Tammara S. Sanderson, City Clerk, October 20, 2015 Published by The Paducah Sun, October 23, 2015 \ord\pers\contract-Greg Carlton 2016