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2010-218ORDINANCE NO. 2010-218 AN ORDINANCE ACCEPTING COMPETITIVE PROPOSALS AND AWARDING A CONTRACT FOR THE PURCHASE OF LONG TERM AND VOLUNTARY SHORT TERM DISABILITY BENEFITS FOR THE CITY OF DENTON EMPLOYEE BENEFITS PROGRAM; PROVIDING FOR THE EXPENDITURE OF FUNDS THEREFOR; AND PROVIDING AN EFFECTIVE DATE (RFP 4482-LONG TERM DISABILITY AND VOLUNTARY SHORT TERM DISABILITYBENEFITS AWARDED TO THE HARTFORD WITH A COST OF $0.20 PER $100 OF PAYROLL PER MONTH, FOR AN ESTIMATED ANNUAL COST OF $111,584 AND VOLUNTARY SHORT TERM DISABILITY BENEFITS AWARDED TO THE HARTFORD (WITH THE COST PER MONTH TO BE DETERMINED BY ACTUAL VOLUNTARY EMPLOYEE PARTICIPATION RATE) IN THE ESTIMATED AMOUNT OF $97,289). WHEREAS, the City has solicited, received and evaluated competitive sealed proposals for the purchase of individual and aggregate stop loss insurance in accordance with the procedures of State law and City ordinances; and WHEREAS, the City Manager or a designated employee has received and reviewed and recommended that the herein described proposals are the most advantageous to the City considering the relative importance of price and the other evaluation factors included in the request for proposals; and WHEREAS, the City Council has provided in the City Budget for the appropriation of funds to be used for the purchase of the materials, equipment, supplies or services approved and accepted herein; NOW, THEREFORE, THE COUNCIL OF THE CITY OF DENTON HEREBY ORDAINS: SECTION 1. The items in the following numbered request for proposal for materials, equipment, supplies or services, shown in the "Request Proposals" on file in the office of the Purchasing Agent, are hereby accepted and approved as being the most advantageous to the City considering the relative importance of price and the other evaluation factors included in the request for proposals. RFP NUMBER CONTRACTOR AMOUNT 4482 The Hartford $0.20/$100 of payroll/month SECTION 2. By the acceptance and approval of the above numbered items of the submitted proposals, the City accepts the offer of the persons submitting the proposals for such items and agrees to purchase the materials, equipment, supplies or services in accordance with the terms, specifications, standards, quantities and for the specified sums contained in the Proposal Invitations, Proposals, and related documents. SECTION 3. Should the City and person submitting approved and accepted items and of the submitted proposals wish to enter into a formal written agreement as a result of the acceptance, approval, and awarding of the proposals, the City Manager or his designated representative is hereby authorized to execute the written contract; provided that the written contract is in accordance with the terms, conditions, specifications, standards, quantities and specified sums contained in the Proposal and related documents herein approved and accepted. SECTION 4. By the acceptance and approval of the above enumerated bids, the City Council hereby authorizes the expenditure of funds therefor in the amount and in accordance with the approved bids. SECTION 5. This ordinance shall become effective immediately upon its passage and approval.f PASSED AND APPROVED this the 12 ! = day of 2010. MARK A. B O G , AYOR ATTEST: JENNIFER WALTERS, CITY SECRETARY BY: APPROVED AS TO LEGAL FORM: ANITA BURGESS, CITY ATTORNEY BY: L., i ~ LAI--<I V. 16 d 3-ORD-RFP 4482