Resolution 07078ITT? OF ALAMEDA RESOLUTION NO. 7078
AUTHORIZING APPLTCATION TO MANUFACTURERS LIFE INSURANCE
CoMPANY FOR A POLICY' OF CROUP 11449 TNSURANCE COVERING CITY
EMPLOYEES AND AUTHORIZING ?WENT EY cITY OF PREMIUMS, THEREFOR.
WHEREAS, t City has contemplated the purchase of group life insurance for its employees
and has instructed the City Manager to investigate benefits offered or obtainable from various under-
writers in this field of coverage; and
WHEREAS, the City Manager, after full investigation, has recoommnded the one-year renew-
able term policy of such Inadrance submitted by Thp Manufacturers Life Insurance Company, of 1pronto,
Canada, which is duly licensed by the State of California to transact Its business therein, he
accepted and purchased as lift insurance for City employees; and
WHEREAS this towns% has considered said proposal of The Manufacturers Life Insurance Com-
pany as presented to the City in written form, and the application required to obtain said. insurance,
and finds And determines such policy offera the most favorable coverage obtai.hble and that it is in
the best interests of the City that lt be purchased;
NOW
1" 44 BE IT RESOLVED BY THE CouNFIL OF THE CM OF AW1E1 at the City Manager
be and he hereby As aubhoribed and directed on behalf of the City to make application to The Manu-
facturers Life insurance Company of Toronto, Canada, on its usual form, for e policy of group life
insurance chibli will cover ail City employees who are or kdll be qualified for membership in a blty
retirement program, said pollny to cohrain the terms, conditions and provisions for premium amounts
substantially as set forth i. said Company's written proposal. heretofore submitted to the bity Manager.
BE IT FURTHER. RESOINED that said application shall propose the rates for said insurance
become effective on January 1, 19%, and that the Insurance Schedhle therein shall provide an amount
of insurance for officers and employees In the sum of $5,000.00, excepting Permanent Part Time Employ-
ees whose amount of Insurance shall be in the eam of 82,000.00; and
SE TT FURTHER '4 '444 that tne premiums for said '1 4' of insurance become a valid charge
against the City, payment of which is hereby authorized, as said premiums become due.
* * * * * * * * * *
the undersigned, hereby certify that the foregoing Resolution was duly and regularly
Introduced and adopted by the ((1, '44 of the City of Alameda in regular meeting assembled on the
3rd day of 111 .44444 1967, by the following vote, to wit;
AYES: Councilmen Bartley, LA Croix, Jr., \1'(' and Vibe President Rose, (A).
NOES; None,
ABSENT: President Godfrey, (1).
1,8 WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said
City this dth day of Januar% 1967,
(SEAT)
SHIRLEY H. TEENIER
ZIty Clerk of the City of Alameda
hereby bertify that the '.4742, 1144 is a full, true and correct copy of "City of Alameda
Resolution No. 7078, 41 4444, APPLICATION AO MANUFACTURERS LIFE INSURANCE tOMPANY STIR A POLIFy OF
GROUP LIFE INSURANCE COVERING CITY EMPLOYEES AND AUTHORIZE% PAYMENT BY CITY OF PREMIUMS THEREFOR,'
introduced and adopted by the Counilil on the Ard day of January, 1887,
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CiLy Llerk n44 4, .e City of Alameda