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09/29/2020 MINUTES WEST MEMPHIS CITY COUNCIL SPECIAL CALLED MEETING September 29, 2020 A Special called meeting of the West Memphis City Council was held on Tuesday September 29, 2020 at 4:00 p.m. in the City Council conference room at City Hall, 205 S. Redding. West Memphis, Arkansas. Mayor Marco McClendon called the meeting to order at 4:00 p.m. Sr. Deputy City Clerk, Patricia Lane called the roll. Those present were: Mayor Marco McClendon and Council Members: Tracy Catt, James Holt, Lorraine Mohammed, David Murray, James Pulliaum and Charles Wheeless. Present by Zoom was Council Member Wayne Croom. Absent was: City Attorney Michael Stephenson and Council Members Willis Mondy, Helen Harris, and Melanie Hutchinson. Evening Times Reporter,John Rech was notified of meeting but was not in attendance. Quorum being present Mayor McClendon proceeded with the meeting. PERMISSION TO ACCEPT 2021 INSURANCE PLAN Mayor McClendon said the only item on the agenda was permission to approve the insurance bid with Aetna before the September 30, 2020 deadline. Mayor McClendon said the Insurance Committee met and made the recommendation to refer it to Council for approval. Council Member Mondy came into the City Council Meeting at 1:06 p.m. Council Member Tracy Catt made the motion, seconded by Council Member Holt to present the matter before Council. Upon voice vote, voting was unanimous. Discussion followed: Council Member Catt said that he went back and looked at the printout for the 2019 claims for the full year. The payout was 2.1 million dollars. Council Catt also looked at the Profit Loss Revenue sheet the City paid in approximately 2.5 million dollars in premiums with the insurance company operating on a 20% margin. Council Member Catt said by law the insurance company would have to give the city a refund based off the percent of claims and numbers. Council Catt said if Council decided to reject Aetna's offer and bid It out there is a certain amount of uncertainty of what will happen with COVID-19 and if there would be a vaccine or not and the premium could be higher. Council Member Catt also said there would be an 83,000-thousand- dollar discount based off not bidding the insurance out. Council Member Pulliaum said that he thought that they had discussed in previous years bidding the insurance out and he felt that they should reach out to the Municipal League and National Leagues of Cities for direction so that they could get ahead of this issue in the future. There being no further discussion: Mayor McClendon asked for a roll call vote. Sr. Deputy City Clerk, Patricia Lane called roll. The roll call vote was as follows: YES: Catt, Croom, Holt, Mohammed, Mondy, Murray, Pulliaum and Wheeless NO: None ABSTENTION: None ABSENT: Harris, Hutchinson With 8 yes votes, 0 No votes, 0 abstention votes and 2 absent vote the motion to approve the bid for the 2020 Insurance passed Having no further business to come before the City Council. Council Member Pulliaum moved, seconded by Council Member Wheeless to adjourn. Upon voice vote, the voting was unanimous. The meeting adjourned at 4:30 p.m. PASSED AND APPROVED THIS 15TH DAY OF OCTOBER 2020 '*(01,111;_,T) jot- MARCO MCCLENDON, MAYOR AT,: PATRICIA LANE, SR. DEPUTY CITY CLERK Minutes prepared by Patricia Lane, Sr. Deputy City Clerk