Title
Resolution relative to approving contract with Diversified Benefit Services, Inc. to administer a Premium Only Health Reimbursement Account for participants in the Reduction in Workforce Program 2020-2021.
Body
WHEREAS, it is necessary to have a Third-Party Administrator to administer the Premium Only Health Retirement Account for participants in the Reduction in Workforce Program 2020-2021; and
WHEREAS, the City’s Insurance Consultant, The Horton Group (“Horton”), recommends Diversified Benefit Services, Inc. as the best option to provide the necessary services.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of West Allis that the City Administrator is hereby authorized, on behalf of the City, to contract with Diversified Benefit Services, Inc. to administer a Premium Only Health Retirement Account. Funding for this coverage is available in the Undistributed Fringe Benefit Fund, and an amount not to exceed $1500 annually and will be charged to Account Number 100-5207-517.32-04.
BE IT FURTHER RESOLVED by the Common Council of the City of West Allis that:
1. The proper City Officials are authorized and directed to execute all related agreements and contracts on behalf of the City.
2. The City Attorney be and is hereby authorized to make such substantive and non-substantive changes, modifications, additions and deletions to and from the various provisions of the contract, including any and all attachments, exhibits, addendums and amendments, as may be necessary and proper to correct inconsistencies, eliminate ambiguity and otherwise clarify and supplement said provisions to preserve and maintain the general intent thereof, and to prepare and deliver such other and further documents as may be reasonably necessary to complete the transactions contemplated therein.