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HomeMy WebLinkAbout2013-12-8106ORDINANCE NO. 2013-12-8106 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 $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 2014 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, December 10, 2013 Adopted by the Board of Commissioners, December 17, 2013 Recorded by Tammara S. Sanderson, City Clerk, December 17, 2013 Published by The Paducah Sun, December 23, 2013 \ord\pers\contract-Greg Carlton 2014