This political subdivision hereby approves entering into the agreement,
a copy of which is attached hereto and incorporated herein by reference (and
which shall be filed with the minutes of the meeting at which this chapter
was enacted), with the intent and effect that this political subdivision shall
be bound by the agreement.
As required by the Pennsylvania Intergovernmental Cooperation Act, the
following matters are specifically found and determined:
A. The conditions of the agreement are set forth in the
attached agreement;
B. This political subdivision shall participate in the trust
for an initial term of three years. All renewal terms shall be as further
set forth therein;
C. The purpose and objectives of the agreement are as set
forth in the preamble of this chapter and in the agreement;
D. The manner and extent of financing the agreement are
that: no borrowing will be required by the political subdivision; funds to
implement the political subdivision's obligations under the agreement
same shall come from normal and usual budgeted amounts for such matters; and
other provisions governing the manner and extent of the financing of the trust
shall be as set forth in the agreement;
E. The trust shall be managed by its Board of Trustees pursuant
to the terms of the agreement;
F. All property, real or personal, of the trust shall be
acquired, managed, licensed or disposed of by the trust in accordance with
the terms of the agreement; and
G. The trust created by the agreement shall be empowered
to enter into contracts for policies of group insurance and employee benefits
pursuant to the terms of the agreement.
The provisions of this chapter are severable, and if any section, sentence,
clause or part or provision hereof shall be held to be illegal, invalid or
unconstitutional by any court of competent jurisdiction, such decision of
the court shall not affect the remaining sections, clauses, parts or provisions
of this chapter. It is hereby declared to be the intent of the political subdivision
that such chapter would have been enacted if such illegal, invalid or unconstitutional
section, sentence, clause, part or provision had not been included herein.
Nothing contained in this chapter shall be construed to affect any suit or
proceeding in any court, or any rights acquired or liability incurred, or
any cause of action existing prior to the enactment of this chapter.
This chapter shall become effective immediately upon enactment.