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R-1376 - 05/27/2014 - PERSONNEL - Resolutions RESOLUTION 2014-PL-IS-R-1376 A RESOLUTION APPROVING THE WAIVER OF COMPETITIVE BIDDING AND AUTHORIZING THE PURCHASE OF INSURANCE BENEFITS FOR EMPLOYEES WHEREAS, the Village provides its employees insurance benefits (collectively, 'Insurance Plans"); and WHEREAS, the Village currently purchases health insurance coverage, third-party administrator services, and stop loss insurance from BlueCross BlueShield of Illinois (collectively, "BC/BS Plans"); and WHEREAS, the Village currently purchases dental insurance coverage from Delta Dental ("Delta Plan"); and WHEREAS, the Village currently purchases vision insurance coverage from EyeMed ("EyeMed Plan"); and WHEREAS, the Village currently purchases term life insurance coverage from Dearborn National ("Dearborn Plan"); and WHEREAS, the Insurance Plans are up for renewal; and WHEREAS, instead of putting the purchase of the Insurance Plans out to bid or request for proposals, the Village Board retained Mesirow Financial to negotiate with insurance providers to obtain the most advantageous Insurance Plans for the Village; and WHEREAS, because the Village retained Mesirow Financial to negotiate with insurance providers, and the Village Board believes that Mesirow Financial has negotiated for the purchase of Insurance Plans that are advantageous to the Village, the Village staff has recommended that the Village waive competitive bidding for the purchase of the Insurance Plans; and WHEREAS, Village staff has recommended the Village Board renew: (i) the BC/BS Plans so that they continue through June 30, 2015; (ii) the Delta Plan so that it continues through June 30, 2015; (iii) the EyeMed Plan so that it continues through June 30, 2018; and (iv) the Dearborn Plan so that it continues through June 30, 2016 (collectively, "Renewals"); and WHEREAS, the President and Board of Trustees, being fully advised in the premises, have determined that it is in the best interests of the Village and its residents to so waive competitive bidding and to approve the purchases of the Renewals all subject to the appropriation of sufficient funds for the Renewals in future fiscal years; NOW THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Recitals. The foregoing recitals are hereby incorporated into, and made a part of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook. Section 2: Waiver of Competitive Bidding Requirements. The advertising and bidding requirements for the purchase of the Insurance Plans are hereby waived in accordance with Section 1-7- 4 of the Village Code. Section 3: Authorization of Renewals. The purchase of the Renewals is hereby authorized. Resolution 2014-PP-IS-R-1376 Approving the Purchase of Insurance Plans Page 2 of 2 Section 4: Execution of Required Documentation. The President, the Village Manager, and the Village Clerk shall be, and are hereby, authorized to execute and attest, on behalf of the Village all documents necessary to complete the purchase of the Renewals pursuant to Section 3 of this Resolution. Section 5: Effective Date. This Resolution shall be in full force and effect from and after its passage by two-thirds of the Trustees and its approval in the manner provided by law. APPROVED THIS 27th day of May, 2014 Gopal G. Lalmalani Village President PASSED THIS 27th day of May, 2014 Ayes: Trustees Adler, Baar, Moy, Wolin, Yusuf Nays: Trustee Manzo Absent: None ATTEST f Charlotte K. Pruss Village Clerk \l � tr U, i