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279522 WH17E - CITV CLERK C011IIC11 �g�2� PINK - FINANCE _ J.Devlin G I TY OF SA I NT PA iT L CANARY - DEPARTMENT � BLUE - MAYOR File NO. C uncil Resolution Presented By ���'�"�'{ Referred To Committee: Date Out of Committee By Date WH�tEAS, the City of 3aint Paul and Independent Sxhool Distriet #625 p�ovides life and accidental death and dismemberment ineurar�ce to equal annual salary 1es� $5,000 for certain eanployees, whose bargaini.ng unit negotiated such insurance fox their entire unit, and WHgtEAS, Fidelity Mutual Life Insurance Company, of Philadelphia, Pennsylvania, with a mc�nthly rate of $ .32 l.ife and $ .0� accidental death and dismemberm�nt Por a total of $ .36/$1,00o currently prov3.des this insurance, and WH�REAS, a letter dated September 2, 1982 from Fidelity Mutual Life Insuranee Company requested a r�te increase f'rom $ .32 to $ .368 for 1.ife insurance, accidental death and dismemberment rate remains the same at $ .04 for a total of $ .�►48��1,0C)0 to become e�'fective November l, 1982, and WHEREAS, said request is reasonable, now, therefore be it RESOLVID, that said Fidelity Mutual Life Insurance Company be directed. to renew this eontract with the City of Saint Panl in its entirety at the rat�s afo�e- mentioned for the year October l, 1982 t,o 3eptember 3�, 1983, and be it FURTHFR RESOI,VID, tY�at the proper City Officials are directed to pay the premiwns for this insurance as they become due, and be it FIftALLY RESOLVED, that the City Clerk be directed to send copies of this resolution to the Fidelity Mutual Life Insuranee Company. COUNCILMEN Yeas Nays Requested by Department of: Fkeleher �evine In Favor Masanz Nicosia &e�+e�ba _ __ A ga i n s t BY — �edeees Wilso� Adopted by C ouncil: Date — NOV 3 p tgg? Form pprov City t ey Certified • �s d y Co ci , cr ta BY B� ' DEC 21981 APP Y /lpproved by ; vor: Date roved b Ma or for Submissio ouncil By - — BY � LIS�i�� ;�G 11 1982 . . . _. . ��, �7� ��� ;`�;;;°a;:, . CITY OF SAINT PAUL =�' � ="''= OFFICE OF THE CITY CLERK ;, �; �.: �iii'i':ii'ii �� ;;� _ ALBERT B. OLSON, CITY CLERK '`'��, �.•• ��' 386 City Hall,Saint Paul,Minnesota 55102 ��imm.�...o, 612-298-4231 GEORGE LATIMER MAYOR December 6, 1982 The Fidelity Mutual Life Insurance Campany P.O. Box 7318 Philadelphia, Pennsylvania 19101 Dear Sir: I am sending a copy of C.F. No. 279522 for your information. This resolution authorizes renewal of the Life and Accidental Death and Dismemberment Insurance with rate increases as listed. The St. Paul City Council adopted this resolution on November 30, 1982. Very truly yours, �� ' L����..� �� Albert B. O�son S�� City Clerk Attach. sch .�•'�;� . . '' ', : • ° ���il��� I��THE FIDELITY MUTUAL LIFE INSURANCE COMPANY � FIDELITY MUTUAL LIFE BUILDING • SOUTH PENN SQUARE • PHILADELPNIA. PENNSYLVANIA 19101 September 2, 1982 Mr. Johrc C. Devlin City of St. Paul _ 'Dept. of Finance & Management Services 265 City Ha11 St. Paul, MN 55102 Re: Group Insurance Policy No. L0 1551 City of St. Pau1, MN & Independent Schoo�. District �625 We have just completed our renewal evaluation of your policy which has an anniversary date of October 1, 1982. As a part of this evaluation, rates are recalculated and experience infor— mation reviewed. This evaluation indicates that an increase in the Life � Insurance rate is now necessary, due primarily to the experience on the case. Effective November 1, 1982, the Life insurance rate will increase to $.368/1000. There wi11 be no change in the rate applicable to AD&D. Should you have questions concerning our renewal action, or if we may otherwise be of assistance, please contact this department or your ser— vicing representati�e. Once again, thank you for your cooperation and continued confidence in Fidelity Mutual Life Insurance Company. � Sincerely, /� �/�.�/C/ , _ " - B. T. Buscher Renewal Underwriter cc: J. Smith � . , _ 2`7952� ; � � � CITY �OF S�INT P�UL � � � ,. � � .�.��.., OFFIC� OF TFi� CITY COIINCIL . � r•,•........,. 14"='='��' D a t e : ! November 19, 1982 COMMITTEE RE PORT �; . ; , �F TO = SQint Pau i City Council � � � F R� � = C o m t�n i t t e e Q h Finance, Management $ Personne 1 ; � . �; , C H A t R James Scheibel . 20. Resolution approving the issuance of revenue bonds for the financing of the conversion of the existing heating system of buildings to the central energy system for D�wntowr, St. Paul, co;nmoi.ly referred to as the District Heating System. (Port Authority) ��.� , ,:� - . ..�--�::.�''��¢.: 21. Ordinance amending Section 64.03 of the St. PaulAiministrative Code pertaining to Adoption of Assessment Roll. �,`�'-���� 22. Resolution renewing the contract with Fidelity Mutual Life Insurance Co. � in its entirety, at the_rates aforementioned for October 1, 1982 to September 30, 1982. ��`�""�=°_� � � �Q � _ �,• �- 23. Discussion of the financing for the Civic Center Parking Lot and renovations. 24. Resolution relative to the jobs program for Energy Park. (Councilman Scheibel�_�-� 25. Discussion of the proposed assessments for 1983. � � � =r , g�--- PersonnelOfPiee _ DfPART(•1ENT John Devlin ______rONTACT ��� 298"�21 PHONE P 11-8-82 DATE ��r'�� �� ZZ . (Routing and Explanation Sheet) Assi n Number for Routin Order Cli All Locations for oral Si nature : ; f Department Director ; � City Attorney � ��irector of Management/Mayor � �+ Finance and Management Services Director � 5 City Clerk . � ,. Budget Di rector r' �' �' � ,k' i�hat Will be Achie.ved b iakin Action on the Attached Materials? Pur ase Rational : � � � Renew poliey �►itb requeated rate increase. ` � � � � � , f � � Financial , Budgetary and Personnel Impacts Anticipated: f . , r 4 _ Wi11 increase budget req�aest $�,30�.00 for our life inserance. ,; C ;: Funding Source and Fund Activity Number Charged or Credited: �' , !I A achments List and Number all Attachments : �' tt ( l. Copy of letter. � 2. Proposed resclutian. , � � DEPARTMENT REYIEW CITY ATTORNEY REVIEW . � � Yes No Council Resolution Required? Resolution Required? Yes � No Yes No Insurance Require�? Insurance Sufficient? Yes � No � . Yes No Insurance Attached? � j Revision of October, 1982 (See Reverse Side for 'Instruction ) �