Ordinance No. 13,365ORDINANCE NO. 13,365
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
AUTHORIZING THE CITY MANGER TO NEGOTIATE AND ENTER INTO AN
AGREEMENT WITH RELIASTAR LIFE INSURANCE COMPANY/VOYA
FINANCIAL AS THE CARRIER/ADMINISTRATOR FOR THE CITY OF
BAYTOWN'S STOP LOSS COVERAGE; AUTHORIZING PAYMENT OF AN
AMOUNT NOT TO EXCEED ONE MILLION SEVENTY -EIGHT THOUSAND AND
NO /100 DOLLARS ($1,078,000.00) FOR THE SPECIFIC AND AGGREGATE STOP
LOSS COVERAGE; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
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BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: That the City Council of the City of Baytown, Texas, hereby authorizes the City
Manager to negotiate and enter into an agreement with ReliaStar Life Insurance Company/Voya
Financial, as the carrier /administrator for the City of Baytown's stop loss coverage under terms and
conditions acceptable to the City Manager and the City Attorney.
Section 2: That the City Council of the City of Baytown authorizes payment to ReliaStar
Life Insurance Company/Voya Financial in an amount not to exceed ONE MILLION SEVENTY -EIGHT
THOUSAND AND NO /100 DOLLARS ($1,078,000.00) pursuant to the agreement referenced in Section
1 hereof.
Section 3: That for the specific and aggregate stop loss coverage, the City Manager is
hereby granted general authority to approve any change order involving a decrease or an increase in costs
of FIFTY THOUSAND AND NO /100 DOLLARS ($50,000.00) or less; however, the original contract
price may not be increased by more than twenty -five percent (25 %) or decreased by more than twenty -
five percent (25 %) without the consent of the contractor to such decrease.
Section 4: This ordinance shall take effect immediately from aid after its passage by the
City Council of the City of Baytown. //
INTRODUCED, READ and PASSED by the affirmative vote othe City Council of the City of
Baytown this the 21" day of November, 2016. 7 T
S EPHEN H. DONCARLOS, Mayor
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LETICIA BRYSCH, Ciy Clerk v� •��� , v, t
APPROVED AS TO FORM: e 6'.
I NACIO RAMIREZ, SR., L it Attorney
'AcobfsOIUegal\ KarenTiles -City Counci rdinances\2016%November 21'StopLossCoverage.doc