Laserfiche WebLink
ORDINANCE NO.2016-06 <br />INTRODUCED BY: Mayor Bodnar and Council as a Whole <br />AN EMERGENCY ORDINANCE <br />AUTHORIZING AN AGREEMENT WITH METLIFE <br />AS AND FOR AN EMPLOYEE <br />AD&D AND LIFE INSURANCE PROGRAM <br />WHEREAS, the Health Care Task Force and the Finance Committee have <br />recommended and it is the desire of Council to authorize an AD&D and life insurance <br />plan for employees with MetLife; and <br />WHEREAS, the annual renewal evaluation of group coverage with MetLife has <br />been completed, and pricing for the upcoming policy year has been received, <br />representing no increase, with renewal rates guaranteed for twelve (12) months: <br />NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE <br />VILLAGE OF HAYFIELD, COUNTY OF CUYAHOGA (the "Entity') AND STATE <br />OF OHIO THAT: <br />SECTION 1. The Mayor and President of Council are hereby and herein <br />authorized and directed to enter into an agreement with MetLife for AD&D and life <br />insurance, effective April 1, 2016, the cost of which shall be $0.297 per thousand <br />dollars ($1,000.00) of coverage per month. <br />SECTION 2. The Council finds and determines that all formal actions of this <br />Council relating to the adoption of this Ordinance have been taken at open meetings of <br />this Council; and that deliberations of this Council and of its committees, resulting in <br />such formal action, took place in meetings open to the public, in compliance with all <br />statutory requirements including the requirements of Section 121.22 of the Ohio <br />Revised Code. <br />SECTION 3. This Ordinance is hereby declared to be an emergency measure <br />immediately necessary to maintain the employee AD&D and life insurance program for <br />the employees of Mayfield Village, Ohio which is due to expire on April 1, 2016. It <br />shall, therefore, take effect immediately upon. the passage by the affirmative vote of not <br />