North Coventry Township shall join with other municipalities in accordance
with the Pennsylvania Intergovernmental Cooperation Act by becoming a member
of the association and entering into the Intergovernmental Contract which
was adopted by reference with the same effect as if it had been set out verbatim
in this section and a copy of which shall be filed with the minutes of the
meeting at which this chapter was adopted.
North Coventry Township is authorized to enter into the Intergovernmental
Contract for the purposes contained therein. These actions are to be taken
by the member(s) or employee(s) of North Coventry Township designated for
this purpose, pursuant to general or specific instructions by the Board of
Supervisors of North Coventry Township.
The Association is designated as having official custody of North Coventry
Township funds that are invested by Association pursuant to terms of the Intergovernmental
Contract.
As required by the Intergovernmental Cooperation Act, the following
matters are specifically found and determined:
A. The conditions of the agreement are set forth in the Intergovernmental Contract referred to in §
78-1;
B. North Coventry Township's participation in the Association
shall be terminable at any time by ordinance;
C. The purposes and objectives of the agreement are set
forth hereinabove and the Intergovernmental Contract and actions contemplated
thereby and purposes and objectives contained therein are otherwise legal
as part of a pooled arrangement with other governmental units, thereby achieving
economic and other advantages of intergovernmental cooperation;
D. It is not necessary to finance the agreement authorized
herein from North Coventry Township funds, except through the contribution
of North Coventry Township's Basis Rate (as such term is defined in the
Intergovernmental Contract) to the Association.
E. The Association shall be managed by a Board of Commissioners
or Executive Committee as set forth in the bylaws of said Association, a copy
of which has been provided for review in connection with the adoption of this
chapter.
F. All property, real or personal, shall be acquired, managed
or disposed of by the Association in accordance with the terms of the Intergovernmental
Contract.