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File #: ID 23-2133    Version: 1 Name:
Type: Ordinance
File created: 10/30/2023 In control: City Council
On agenda: 11/14/2023 Final action:
Title: Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a contract with Stealth Partner Group, LLC, for Individual and Aggregate Stop Loss (Reinsurance) Insurance coverage for the Human Resources Department; providing for the expenditure of funds therefor, and providing an effective date (RFP 8339 - awarded to Stealth Partner Group, LLC, for three (3) years, with the option for two (2) additional one (1) year extensions, in the total five (5) year not-to-exceed amount of $38,864,326.00).
Attachments: 1. Exhibit 1 - Agenda Information Sheet, 2. Exhibit 2 - Presentation, 3. Exhibit 3 - Ordinance and Contract
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AGENDA CAPTION

Title

Consider adoption of an ordinance of the City of Denton, a Texas home-rule municipal corporation, authorizing the City Manager to execute a contract with Stealth Partner Group, LLC, for Individual and Aggregate Stop Loss (Reinsurance) Insurance coverage for the Human Resources Department; providing for the expenditure of funds therefor, and providing an effective date (RFP 8339 - awarded to Stealth Partner Group, LLC, for three (3) years, with the option for two (2) additional one (1) year extensions, in the total five (5) year not-to-exceed amount of $38,864,326.00).

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