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3.5. SR 09-27-1999 r-C; ---'\) ( )j ~ll< **ITEM #3.5.** River MEMORANDUM TO: Mayor & City Council Lori Johnson, Finance Director ~ ~ FROM: DATE: September 27,1999 SUBJECT: Authorization to Advertise for Bids for Group Health Insurance The city's group health insurance renews on January 1, 2000, and the union contract renews on October 1, 1999. Because of changes in the composition of the service co-op (of which the city is a part) and market trend increases in premiums, it is in the city's best interest to solicit bids for the upcoming contract year. . The bid proposals will include several alternates including bidding the city as one group and separate union and non-union groups. In order to have premium information available by November 30th, bids must be received no later than October 20th. This will give staff adequate time to review the proposals and to meet with employees, union representatives, and the council as necessary. Action Requested The council is asked to authorize staff to advertise for bids for group health insurance for the contract year beginning January 1, 2000. . 13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330. TDD & Phone: (612) 441-7420 · Fax: (612) 441-7425