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CCR1970007RESOLUTION 1/7-70 APPROVAL OF CONTRACT BETWEEN LINCOLN NATIONAL LIFE INSURANCE COMPANY AND CITY OF MUSKEG0 FOR $8,000.00 GROUP LIFE INSURANCE FOR FULL TIME EMPLOYEES a WHEREAS, the City of Muskego has previously contracted with Lincoln National Life Insurance Company to provide a variable Annuity Re- tirement Plan for full time City of Muskego employees, and WHEREAS, the Lincoln National Life Insurance has in the past pro- vided a $5,000.00 Group Life Insurance Plan, and WHEREAS, a new plan in the amount of $8,000.00 has been provided for in the 1970 Budget and has been approved in salary negotiations, THEREFORE, BE IT RESOLVED that the Common Council of the City of Muskego does hereby authorize the Lincoln National Life Insurance Company to provide an $8,000.00 Group Life Insurance Plan for all full time City of Muskego employees. BE IT FURTHER RESOLVED that the Mayor and City Clerk be authorized to execute the necessary documents to enter into such contract. A DATED THIS /3 DAY OFyu ,1970 FINANCE COMMITTEE Edmund Budish , HdLG ka.rold DeBack 7A-d c, 137d Frank Narlock ATTEST: