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Ordinance No. 9,428ORDINANCE NO. 9428 ® AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, ACCEPTING THE SPECIFIC AND AGGREGATE STOP LOSS COVERAGE WITH AMERICAN STOP LOSS INSURANCE BROKERAGE, INC., BROKERED THROUGH HCC EMPLOYEE BENEFITS, INC., APPLICABLE TO THE CITY OF BAYTOWN'S HEALTH BENEFITS PROGRAM; AUTHORIZING PAYMENT BY THE CITY OF BAYTOWN, THE SUM OF TWO HUNDRED SIXTY THOUSAND FIVE HUNDRED EIGHTY -SIX AND NO /100 DOLLARS ($260,586.00); MAKING OTHER PROVISIONS RELATED THERETO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS: Section 1: That the City Council of the City of Baytown hereby accepts the specific and aggregate stop loss coverage with American Stop Loss Insurance Brokerage, Inc., brokered through HCC Employee Benefits, Inc., applicable to the City of Baytown's health benefits program. Section 2: That the City Council hereby authorizes payment to American Stop Loss Insurance Brokerage, Inc., of the sum of TWO HUNDRED SIXTY THOUSAND FIVE HUNDRED EIGHTY -SIX AND NO 1100 DOLLARS ($260,586.00) for specific and aggregate stop loss coverage. Section 3: That pursuant to the provisions of Texas Local Government Code Annotated §252.048, the City Manager is hereby granted general authority to approve any change order involving a decrease or an increase in costs of TWENTY -FIVE THOUSAND AND NO 1100 DOLLARS ($25,000.00) or less, provided that 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 and after its passage by the City Council of the City of Baytown. INTRODUCED, READ and PASSED by the affirmative vote of the City Council of the City of Baytown this the 26h day of September, 2002. llz� C PETE C. ALFARO, Mayor ATTEST': GAIZ;Y W. MITH,'City Clerk APPROVED AS TO FORM: CIG&ACIO RAMIREZ, SR., Attorney F:Veanene\My Documents\ Council\ 01 -02\ September\ StopLossCoverage4 Health BenefitsProgram .doc CERTIFICATION I, Gary W. Smith, the duly appointed and acting City Clerk of the City of Baytown, Harris County, Texas, do hereby certify and attest that as part of my duties, I do supervise and act as lawful custodian of the records of the City of Baytown; that the attached document is a true and correct copy of Ordinance No. 9428. ORDINANCE NO. 9428 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS, ACCEPTING THE SPECIFIC AND AGGREGATE STOP LOSS COVERAGE WITH AMERICAN STOP LOSS INSURANCE BROKERAGE, INC., BROKERED THROUGH HCC EMPLOYEE BENEFITS, INC., APPLICABLE TO THE CITY OF BAYTOWN'S HEALTH BENEFITS PROGRAM; AUTHORIZING PAYMENT BY THE CITY OF BAYTOWN, THE SUM OF TWO HUNDRED SIXTY THOUSAND FIVE HUNDRED EIGHTY-SIX AND NO/100 DOLLARS ($260,586.00); MAKING OTHER PROVISIONS RELATED THEREO; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF. Adopted by the City Council at its meeting held on September 26, 2002. WITNESS MY HAND AND SEAL of the City on September 30, 2002. s'(` kj//675-1)/ 4 %-)7 W. Smith, City Clerk )