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2000-289 NO q AN ORDINANCE APPROVING THE RENEWAL OF A CONTRACT FOR HEALTH INSURANCE ORIGINALLY AWARDED PURSUANT TO ORDINANCE NO 99-376 TO AETNA U S HEALTHCARE, WITH THE RENEWAL FOR THE YEAR 2001 BEING IN THE ESTIMATED AMOUNT OF $4,183,822, AUTHORIZING THE EXPENDITURE OF FUNDS THEREFOR, AND PROVIDING AN EFFECTWE DATE WHEREAS, pursuant to Orchnance No 99-376 the City Council of the City of Denton awarded a contract for health insurance (the "Health Insurance Contract") to Aetna U S Healthcare ("Aetna") for a period of one year with two one year options to renew, with the first year conunenmng on January 1, 2000 and ending December 31, 2000, and WHEREAS, the City Council finds that it is in the pubhc interest to renew the Health Insurance Contract for a second year, beginning on January 1, 2001 and ending on December 31, 2001 in the estimated annual mount of $4,183 822 THE COUNCIL OF THE CITY OF DENTON, TEXAS HEREBY ORDAINS SECTION 1 The Health Insurance Contract is hereby renewed for an additional year, beginning on January 1, 2001 and ending on December 31, 2001 in the estimated annual amount of $4,183,822 The City Manager is hereby authorized to execute any document with Aetna that may be necessary to evidence this renewal SECTION 2 The City Manager is authorized to make the expenditures as set forth in the Health Insurance Contract and this ordinance SECTION 3 This or&nance shall become effective lmmethately upon its passage and approval, PASSED AND APPROVED tins the 5-'t~-/~ dayof (~9~e/77~/~ ,2000 EULINE BROCK, MAYOR ATTEST JENN)~I~R WAI[,. TERS, CIT7 SECRET ARY