Policy Issue definition

Policy Issue. City policy requires Governing Body approval of agreements when consideration exceeds $50,000. Recommendation: Staff recommends approval of Agreement with the City of Prairie Village.
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Policy Issue. The Finance, Administration and Economic Development Committee (the “Committee”) has policy oversight of matters related to economic development and tax incentives within the City. Staff Recommendation: That the Committee recommend that the proposed redevelopment agreement (the “Agreement”), be presented to the City Council for approval in substantially the form presented and subject to the addition of provisions related to related to the improvement of the adjacent Broadmoor Street..
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Policy Issue. Whether to approve an agreement, referred to by the IRS as a “Closing Agreement,” whereby the City, as sponsor of the Fire Department 457(b) Plan, agrees to pay the United States Treasury $5,000 and to take certain other actions, in full and complete settlement of issues related to the Plan’s non-compliance with IRS regulations. Staff Recommendation: Approval.
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Examples of Policy Issue in a sentence

  • Definition ------------------ A Cohort is defined as the group of Policies electing to purchase the GMIB at Policy Issue in the same calendar year.

  • During the first two years following the Policy Issue Date, you may request one transfer of the entire Policy Account Value in the Subaccounts to the Guaranteed Account.

  • However, we will not contest this Policy after it has been in force during the Insured's lifetime for two years from the Policy Issue Date, except for nonpayment of the Minimum Initial Premium.

  • We will not pay the death Benefit if the death is directly or indirectly, wholly or partly caused by intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide within the first twelve (12) months from the Policy Issue date or the latest Reinstatement date, whichever is later.

  • The Policy shall be voidable if the age of the Life Insured on the Policy Issue Date is less than 18 years or greater than age 60 years.

  • Future premiums shall be increased in proportion of the increase in the Sum Assured to the Sum Assured on Policy Issue Date and will be reflected from the subsequent Policy Anniversary.

  • Reinsurer shall reimburse the Ceding Insurer for Policy Issue Expenses and Policy Maintenance Expenses in an amount equal to Reinsurer's Quota Share of the Policies reinsured hereunder, expressed as a percentage of the Policy Issue Expenses and the Policy Maintenance Expenses.

  • An initiative of the Center for Climate and Electricity Policy Issue Brief 11, no.

  • Policy Number Policy Issue Date Policy Currency Country of Issue Country of Residence of Policyowner 1.

  • A waiting period of 90 days from the Policy Issue Date is applicable for all benefits payable under this coverage.

Related to Policy Issue

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Policy Issuance Date means the date of first issuance of these Terms and Benefits.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Policy Date means the date on which the Search Report was prepared.

  • Policy summary means a synopsis describing the elements of a life insurance policy.