[Adopted 11-4-2015 by Ord. No. 142]
The Board of Supervisors, on behalf of Chadds Ford Township,
hereby authorizes the Chairman of the Board of Supervisors, Frank
Murphy, to execute the Trust Agreement and any other agreements necessary
for Chadds Ford Township's participation in the Delaware Valley Health
Trust. The Delaware Valley Health Trust Agreement is attached hereto
as Exhibit A and incorporated herein by reference.[1] The Trust Agreement attached hereto is on file for inspection
and review at the Offices of Chadds Ford Township at 10 Ring Road,
Chadds Ford, Pennsylvania 19317. This Trust Agreement may be subsequently
modified or amended but in no event shall such amendments or modifications
materially adversely affect the right of Chadds Ford Township to participate
in the Delaware Valley Health Trust.
[1]
Editor's Note: Said exhibit is on file in the Township
offices.
The participation of Chadds Ford Township in the Delaware Valley
Health Trust is authorized for the purpose of obtaining high quality
health benefits at the most reasonable cost to Chadds Ford Township
and its employees, retirees and their dependents.
As set forth in the Trust Agreement and as otherwise stated
herein, the following conditions apply to the participation of Chadds
Ford Township in the Delaware Valley Health Trust:
A.
That each Trust participant must meet the admission and eligibility
requirements set forth therein;
B.
That each Trust participant agrees to pay all contributions when
due as provided in the Trust Agreement and any bylaws adopted by the
Trust;
C.
That each Trust participant uses its best efforts to provide appropriations
for the payment of any contributions required to achieve the purposes
and objectives of the Trust;
D.
That each Trust participant cooperate fully in achieving the purposes
and objectives of the Trust; and
E.
That each Trust participant comply with all other terms and conditions
of the Trust Agreement.
Chadds Ford Township agrees to participate in the Delaware Valley
Health Trust for a minimum of three years, commencing November 1,
2015, and thereafter may withdraw for any reason whatsoever provided
that it has fulfilled all the applicable conditions in the Trust Agreement
and satisfies all its financial obligations to the Trust upon withdrawal.
The effective date of the participation of Chadds Ford Township
in the Delaware Valley Health Trust will be November 1, 2015.
The organizational structure of the Trust consists of a Board
of Trustees and Executive Committee selected by the Board of Trustees
in accordance with the Trust Agreement.
Chadds Ford Township delegates to the Board of Trustees of the
Delaware Valley Health Trust those powers enumerated in the Trust
Agreement.
The Delaware Valley Health Trust is empowered to enter into
contracts for policies of group insurance and employee benefits for
the Township's employees.
As a condition of participating in the Delaware Valley Health
Trust, Chadds Ford Township agrees to comply with all the terms and
conditions in the attached Trust Agreement.
This article is being enacted pursuant to the provisions of
the Pennsylvania Intergovernmental Cooperation Law, as amended, 53
Pa.C.S. §§ 2301 et seq.
