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CC Resolution No. 9645 ~ sa ~ _x . . ~ ~ RESOLUTION NO. 9645 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO REGARDING INSURANCE PREMIUMS FOR COUNCILMEMBERS WHEREAS, Councilmembers presently are eli~ibie for up to 5343.50 per month for insurance premiums; and WHEREAS, any excess amount not used for insurance premiums may bc applied toward defcrred compensation; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cupertino authorizes up to $343.50 per month paid towards insurance premiums for each Councilmember and ihat insurance premiums eligible for such payment are insurance programs which are provided other Ciry employees. In the event the suthorizs~tion set forth herein is not used in its entirety, each Councilmember may place the remainder in a deferred compensation program under the same provisions as pcovided other City employees. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Cupertino this 17th day of June, 1996, by the following vote: VOTE MF.MBF S OF THF. CITY GOUNCIL. AYES' Bautiata. Chang. Dean, Soreneen. Burnett NOES: None ABSENT: None ABSTAIN: None ATTEST: APPROVED: S~~`~' City C~ Mayor, City of Cupertino