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Borough of Pennsburg, PA
Montgomery County
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Table of Contents
Table of Contents
[Adopted 10-6-2003 by Ord. No. 9-03]
The Borough of Pennsburg shall join with other municipalities in accordance with the Pennsylvania Intergovernmental Cooperation Act[1] by becoming a member of the Association[2] and entering into the intergovernmental contract which was adopted by reference with the same effect as if it had been set forth verbatim in this section, and a copy of which shall be filed with the minutes of this meeting at which the article was adopted.
[1]
Editor's Note: See 53 Pa.C.S.A. § 2301 et seq.
[2]
Editor's Note: The "Association" refers to the Pennsylvania Intergovernmental Risk Management Association, as indicated in the long title of Ord. No. 9-03.
Pennsburg Borough is authorized to enter into the intergovernmental contract for the purposes contained therein, as well as any amendments or modifications thereto as the same may be required from time to time. These actions are to be taken by the officers of the Borough of Pennsburg designated for this purpose pursuant to general or specific instruction by the Borough Council who are adopting this article.
The Association is designated as having official custody of the municipality's funds which are invested by the Association pursuant to the terms of the intergovernmental contract.
As required by the Intergovernmental Cooperation Act,[1] the following matters are specifically found and determined:
A. 
The conditions of this agreement are set forth in the intergovernmental contract referred to in § 10-1.
B. 
Pennsburg'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 municipal funds except through the contribution of this municipality'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 article.[2]
[2]
Editor's Note: Said bylaws are on file in the Borough offices.
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.
[1]
Editor's Note: See 53 Pa.C.S.A. § 2301 et seq.