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HomeMy Public PortalAbout1993-47 Adopting life insurance and accidental death plan for Village employeesVILLAGE CLERK RESOLUTION NO. 93-47 A RESOLUTION OF THE VILLAGE OF KEY BISCAYNE, FLORIDA; ADOPTING A LIFE INSURANCE AND ACCIDENTAL DEATH PLAN FOR VILLAGE EMPLOYEES; AUTHORIZING THE VILLAGE MANAGER TO NEGOTIATE AN AGREEMENT; AUTHORIZING THE MAYOR TO EXECUTE ALL THE NECESSARY AGREEMENTS; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Village has employees rendering valuable services; and WHEREAS, the establishment of a life insurance and accidental death plan benefits employees and their beneficiaries; NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF KEY BISCAYNE AS FOLLOWS: Section 1. That the Village Manager is hereby authorized to negotiate an employee life insurance and accidental death plan with North American Life Insurance Company. Section 2. That the Village Council hereby authorizes the Mayor to execute all necessary agreements for the implementation and administration of the plan. Section 3. That the life insurance and accidental death plan will be paid for by the employee. Section 4. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 12th day of October , 1993. VICE MAYOR CLIFFORD APPROVED AS TO FORM AND LEGAL SUFFICIENCY: VILLAGE ATTORNEY la