The participation of the Township of Nether Providence in the
Delaware Valley Health Insurance Trust is authorized for the purpose
of obtaining high-quality health benefits at the most reasonable cost
to the Township of Nether Providence and its employees.
As set forth in the trust agreement and as otherwise stated
herein, the following conditions apply to the participation of the
Township of Nether Providence in the Delaware Valley Health Insurance
Trust:
A. That each participating municipality must meet the admission and
eligibility requirements set forth therein;
B. That each participating municipality agrees to pay all contributions
when due as provided in the trust agreement and any bylaws thereafter
adopted by the trust;
C. That each participating municipality uses its best efforts to provide
appropriations for the payment of any contributions required to achieve
the purposes and objectives of the trust;
D. That each participating municipality cooperates fully in achieving
the purposes and objectives of the trust; and
E. That each participating municipality complies with all other conditions
of the agreement.
The Township of Nether Providence agrees to participate in the
Delaware Valley Health Insurance Trust for a minimum of two years
and thereafter may withdraw for any reason whatsoever, provided that
it has fulfilled all its financial obligations to the trust upon withdrawal.
The effective date of the participation of the Township of Nether
Providence in the Delaware Valley Health Insurance Trust will be March
1, 2009.
Each participating municipality delegates to the Board of Trustees
of the Delaware Valley Health Insurance Trust the powers enumerated
in the trust agreement.
All contributions paid by the Township of Nether Providence
shall be made with funds appropriated by the Township of Nether Providence
for that purpose.
The organizational structure of the trust shall consist of a
Board of Trustees and an Executive Committee selected by the Board
of Trustees in accordance with the trust agreement.
The funds required for the operation of the trust shall be provided
by the participating municipalities through annual appropriations.
The Delaware Valley Health Insurance Trust is empowered to enter
into contracts for policies of group insurance and employee benefits,
including social security for any of its employees.
As a condition of participating in the Delaware Valley Health
Insurance Trust, the Township of Nether Providence agrees to comply
with all the terms and conditions in the attached trust agreement.
This articles being enacted pursuant to the provisions of the
Intergovernmental Cooperation Law, Act of July 12, 1972, No. 180,
as amended, 53 Pa. C.S.A. § 2301 et seq.