In addition to the aforementioned salaries, benefits shall be provided as set forth below.
(a) The city shall pay the full cost of health and dental insurance for the Mayor, Director of Law, Director of Finance and Public Record, and the Judge of the Shelby Municipal Court and their dependents. The city shall have the right to change insurance carriers or coverage so long as the city shall retain comparable or better coverage.
(b) The city shall pay the full cost of a life insurance policy in the amount of no less than $50,000 on each of the lives of the Mayor, the Director of Law, the Director of Finance and Public Record, the Judge of the Shelby Municipal Court, and each member of City Council.
(c) This section shall take effect on January 1, 2004.
(Ord. 1-2001, passed 2-5-2001; Ord. 1-2003, passed 2-3-2003)