[Adopted 3-16-1999 by Ord. No. 99-02]
The Board of Supervisors of East Brandywine
Township states its intention to organize a municipal authority pursuant
to the provisions of the Municipality Authorities Act, 53 Pa.C.S.A.
§ 5601 et seq., as supplemented and amended (hereinafter
"Act").
The name of such Authority shall be "East Brandywine
Township Municipal Authority."
The purpose of such Authority shall be the financing
of working capital and of acquiring, holding, constructing, financing,
improving, maintaining and operating, owning, leasing, either in the
capacity of lessor or lessee, projects of the kind and character as
permitted by the Act, but only such projects as from time to time
are specifically authorized by ordinance by the Board of Supervisors
of East Brandywine Township.
The officers of the Township and the Township
Solicitor shall be authorized to take all proper action as may be
required to duly organize the East Brandywine Township Municipal Authority
pursuant to the Act, including the giving of notice of the Board of
Supervisors' intention, and providing an opportunity to the public
to comment at a public hearing in accordance with the provisions of
the Act.