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(b) <br /> <br />The Director ot7 Finance i~ hereby authori, zcd to pay from <br />Ci. ty f~mds tile actual premi, um cost of hosl~talization <br />coverage for each member of tile Division of Po]ice and <br />The l)ivision of Fire ul~o is enrolled in the City's <br />hospiCalizatLon plan currently in effect. <br /> <br />(c) <br /> <br />The l)ircctor of Finance is tmreby auLhorized to pay from <br />CiLy funds Lhe actual prcmi~tm rate of bospital.:izat'ion cov- <br />erage,as establ_ished pursuanL to a Collective Bargaining <br />A~reemcnt or by Council as the case may be, for all other <br />City empl. oyccs, payable monthly or semi-annua]l.y at the <br />discretion of the l)irector of Finance by payment of such <br />premium to tlw insurer, or in casl~ based on actual pre.lium <br />r;~tc, where tl~c employee is not enrolled in the City hos- <br />pitalization plan, but in no event shall, such cash payment <br />cx,:ecd the 5urn of $70.26 per month. In the event th;~t an <br />individual is enrolled in single plan tow're,W, tim Director <br />of Fin:mop i:~ llcrcby ;~tl,~,rizcd t~n pny fr*~m Cl~v f~md~ lho <br /> <br />Linc family pl:~n rate ;~ml the rsin~rle plan r':~I,', bur_ tn no event <br />Mml] m.mlt cash payment exceed the sum of S42.31 per month. <br />Effective April 3, 1978 any new employee from that date <br />forward shall not receive any cash pa~ent in lieu of hos- <br />pitalization c.overage. <br /> <br />(d) Suc. h payment by tile City sim[l be made from the foIlowing <br /> funds at the rates designat'ed: <br /> <br />(l) Waste Water Treatment Piant <br />(2) Ail Grant programs where such cost <br /> is included in Grant <br />(3) Street Construction, Maintenance & <br /> Repair Fund <br />(4) Water Fund <br />(5) Parking Facilities Fund <br />(6) general Fund <br /> <br />Actual Cost <br /> <br />Actual Cost <br /> <br />9.6% * <br />5.6% * <br />3.3% * <br />81.5% * <br /> <br />* Percent of the balance after actual cost items. <br /> <br />Section 2. Tile hosl~italization cow_'ra~,,c provided for in tile within ordinance <br />shall be for that coverage commencing April 12, 1978. <br /> <br />Section 3. That this ordinance is hereby declared to be an emergency measure <br />for the reasons stated in the preambIe hereof and provided it receives the <br />affirmative vote of two-thirds of ail members elected to Council, and upon <br />approval of tile Mayor, it shall, take effect and be in force commencing <br />April 3, 1.978, and Ordinance No. 19-77 adopted May 9, 1977 is hereby <br />repealed as of said date. <br /> <br />Adopted: <br /> <br /> <br />