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HomeMy WebLinkAboutOrdinance No. 175 ORDINANCE NO. ~// AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A GROUP INSURANCE CONTRACT WITH THE AETNA LIFE AND CASUALTY COMPANY FOR A POLICY OF GROUP ACCIDENT AND HEALTH INSURANCE FOR EMPLOYEES; AUTHORIZING THE CITY MANAGER TO EXPEND FROM THE GENERAL FUNDS OF THE CITY SUCH AMOUNTS AS ARE NECESSARY TO PAY THE PREMIUMS THEREON BEGINNING SEPTEMBER 15, 1981; PROVIDING A SEVERABILITY CLAUSE AND PROVIDING AN EFFECTIVE DATE. SECTION 1. The City Manager of the City of The Colony, Texas, is hereby authorized to execute a contract of group insurance for the purchase of group accident and health insurance coverage for employees of the City of The Colony. A copy of the group insurance contract is attached hereto as Exhibit "I" and made a part hereof for all purposes. SECTION 2. The City Manager is further authorized to expend from current revenues such funds as are necessary to make the premium payments on such group insurance contract for employees beginning September 15, 1981. SECTION 3. The dependents of any employees may be insured under such group contract of insurance and the premiums for such dependents' coverage paid by the employees. In no event shall any premium for coverage of any dependent of any such employee be paid by funds of the City of The Colony. SECTION 4. Should any section, paragraph, sentence or clause of this ordinance be held or determined to be unconstitutional or invalid for any reason, such declaration shall not affect the remaining portions of this ordinance or the amendments enacted hereby, and the same are declared to be severable. SECTION 5. This ordinance shall take effect immediately from and after its passage by the City Council of the City of The Colony, Texas. PASSED BY THE CITY COUNCIL ON THE P/ THIS ORDINANCE WAS DULY DAY OF ~-~,~[~:"n~ 'c~ , 1981. APPROVED: APPROVED AS TO LEGALITY ~CH~ TURNF~, MAYO~ OF THE FORM: ATTEST: CITY ATTORNEY JA~i~E! CARROLL, CITY SECRET~RIY ? ,/