[Adopted 9-3-1992 as Ord.
No. 1375]
The funds for meeting the obligations of the political subdivision under
the agreement shall be appropriated from the general funds of the political
subdivision.
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.