Whereas the Panther Valley Library was established to provide
library service to the residents and taxpayers of the Borough of Summit
Hill and other interested persons, we hereby authorize and designate
the Panther Valley Library to act for and on behalf of the Borough
of Summit Hill, to provide public library service to the residents
and taxpayers of the Borough and other interested persons.
We hereby agree to maintain the Panther Valley Library in accordance
with the provisions of Section 401 of the Library Code, the Act of
June 14, 1961, P.L. 324, and at a level of financial support that
will ensure that the library will be able to qualify annually for
state financial aid in accordance with Section 303(1) of the Library
Code.
In accordance with Section 411 of the Library Code, the Borough,
Council, and Mayor shall appoint five people to serve as the Borough's
representatives on the Board of Directors of the Panther Valley Library,
each representative to serve three years, the terms to expire in different
years. Subsequent vacancies are to be filled by people appointed by
the Mayor and Council.
In accordance with Section 412 of the Library Code, the Treasurer
of the Board of Directors of the library shall give bond to the municipality
with satisfactory surety in such amount as the Board of Directors
of the library may determine.
In accordance with Section 413 of the Library Code, all monies
appropriated for maintenance of the library and all money, if any,
received from other sources for its use shall be under the exclusive
control and shall be disbursed under the direction of the Board of
Directors of the Library. It shall have all of the rights and duties
delegated to such boards by the Library Code, and shall present a
financial report to the Borough annually. The Borough of Summit Hill
shall arrange to have the accounts of the Treasurer of the Board of
Directors audited annually as in the case of other municipal expenditures.
The Board of Directors shall prepare and present to the Borough
of Summit Hill such reports as are required by Section 414 of the
Library Code and shall give free library service to the residents
and taxpayers of the Borough, as provided in Section 415 of the Library
Code.