The Kingston Firemen's Relief Association and
the Dorranceton Firemen's Relief Association are hereby recognized
by the Borough of Kingston as the relief fund associations qualified
to receive moneys payable to the borough which are derived from the
state tax upon premiums of foreign fire insurance companies.
[Amended 9-6-2011 by Ord. No. 2011-3]
The Municipal Treasurer is hereby directed to
pay moneys received from the Fire Insurance Tax Fund to the following
entities in the following percentages:
A. Dorranceton
Firemen's Relief Association: 45%.
B. Kingston
Firemen's Relief Association: 5%.
C. Fifty percent
to be retained to be paid to the Firemen's Pension Fund as established
under the Municipal Employees' Retirement Law by virtue of an ordinance
of the Borough of Kingston duly ordained and enacted the 20th day
of March 1992.