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92-004 . . . RESOLUTION NO. 4-92 ESTABLISHING A RATE OF THE CITYS CONTRIBUTION TOWARD THE MONTHLY INSURANCE PREMIMUM FOR CITY EMPLOYEES WHEREAS, the cost of health and other insurances for City employees has been increasing significantly over the past years; and WHEREAS, health insurance approximately 18% for 1992. premiums increasing are NOW, THEREFORE BE IT RESOLVED, that for city employees not covered by Employment Agreements, section 13 Employee Insurance, Subd. 1, Benefits, of the Employee Relationship POlicy, is hereby amended to read as follows: "If the employee so desires, the city will pay the monthly premium for regular and probationary full-time employees and their dependants for up to a maximum of $270 of insurance at the level of benefits currently provided..." BE IT FURTHER RESOLVED, that this resolution shall take effect retroactive to January 1, 1992. ADOPTED BY THE CITY COUNCIL, of the City of Shorewood this 13th day of January , 1992. ATTEST: s C. Hurm y Administrator