[Adopted 2-9-2004 by Ord. No. 702]
The proper municipal officers are hereby authorized to execute and deliver
the following documents:
The duration of the term of the agreement is four years from the date
of admission to the trust as a participant.
The funds for meeting the obligations of the City of Pottsville under
the agreement shall be appropriated from the general funds of the City.
The organizational structure necessary to implement the agreement consists
of the Trust, Trustees, Service Agents and Fiscal Agents created by the agreement.
Property acquired for purposes of the Trust shall be acquired, managed
and disposed of under the terms of the attached Trust Agreement.
The Trust shall be empowered to enter into contracts for policies of
group insurance and employee benefits, including social security for its employees.