A.
Participation. To the extent permitted by law, the Borough may exercise any of its powers or perform any of its functions and may participate in the financing thereof jointly or in cooperation with the commonwealth or any agency or political subdivision thereof, the United States or any agency thereof, and any local or regional intergovernmental council or agency pursuant to this article.
B.
Written agreement. Any agreement in the form of a contract, lease, service pact or other legal document relating to cooperative efforts and programs shall be in writing, approved by Council, and shall expressly define the method of participation.
C.
Financing. The financing arrangement of all cooperative agreements shall be clearly defined in the articles of agreement, and when necessary, separate funding accounts shall be established in the annual operating budget.
D.
Representation. The method of Borough representation must be clearly defined in the articles of agreement, and any Borough representative shall report on a quarterly basis to Council with respect to the progress of programs and cooperative efforts and the financial status of the intergovernmental arrangements so agreed upon.