CY 2025 VOYA Amendment

City of Chandler — Regular Meeting (2024-11-07)

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City Clerk Document No.  
 
 
 
 
 
City Council Meeting Date: November 7, 2024 
 
 
 
AMENDMENT TO CITY OF CHANDLER AGREEMENT 
BASIC AND VOLUNTARY LIFE AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE 
CITY OF CHANDLER AGREEMENT NO. HR2-948-4496 
 
THIS AMENDMENT NO. 1 (Amendment No. 1) is made and entered into by and between the City of 
Chandler, an Arizona municipal corporation (City), and ReliaStar Life Insurance Company, a Minnesota 
corporation (Contractor), (City and Contractor may individually be referred to as Party and collectively 
referred to as Parties) and made   
 , 2024 (Effective Date). 
 
RECITALS 
 
WHEREAS, the Parties entered into an agreement for basic and voluntary life and accidental death and 
dismemberment insurance (Agreement); and 
 
WHEREAS, the term of the Agreement was January 1, 2023, through December 31, 2024, with the option 
of up to three two-year extensions; and 
 
WHEREAS, Contractor guaranteed the rates under the Agreement through January 1, 2026; and 
 
WHEREAS, the Parties wish to exercise the option through this Amendment to extend the Agreement 
for one year through December 31, 2025. 
 
AGREEMENT 
 
NOW THEREFORE, the Parties agree as follows: 
 
1. 
The recitals are accurate and are incorporated and made a part of the Agreement by this 
reference.    
 
2. 
Section I.D., Term of Agreement, is amended to extend the Agreement for a one-year period 
beginning January 1, 2025, through December 31, 2025. 
 
3.  
Section IV, Payment, is amended to state: The City will pay the Contractor the per unit cost set 
forth in Contract Document 3, City of Chandler Services Agreement No. HR2-948-4465, Exhibit 
Docusign Envelope ID: 87A2DED5-EC41-4A56-B150-917DFCDCBEB7

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B, Compensation and Fees, which is incorporated into and made a part of this Amendment No. 
1 by this reference. Total payments made to the Contractor during the term of this Amendment 
No. 1 will not exceed $960,000. 
 
4. 
All other terms and conditions of the Agreement remain unchanged and in full force and effect. 
If a conflict or ambiguity arises between this Amendment No. 1 and the Agreement, the terms 
and conditions in this Amendment No. 1 prevail and control. 
 
IN WITNESS WHEREOF, the Parties have entered into this Amendment on the Effective Date. 
 
 
FOR THE CITY 
FOR THE CONTRACTOR 
 
By: _________________________________________ 
 
By: _________________________________________ 
 
Its:                              Mayor 
 
Its: _________________________________________ 
 
 
 
 
APPROVED AS TO FORM: 
 
 
By: _________________________________________ 
 
City Attorney  
 
 
 
ATTEST: 
 
 
By: _________________________________________ 
 
City Clerk 
 
 
Docusign Envelope ID: 87A2DED5-EC41-4A56-B150-917DFCDCBEB7
Vice President