[Adopted 12-27-2010 by Ord. No. 708]
A. 
A number of political subdivisions within Berks County, Pennsylvania, have investigated whether it would be mutually beneficial to cooperate with each other in obtaining workers' compensation insurance.
B. 
The Susquehanna Municipal Trust (the "Trust") has been established for the purpose of:
(1) 
Seeking the prevention or lessening of claims due to injuries of employees of the Trust's members; and
(2) 
Pooling workers' compensation and occupational disease insurance risks, reserves, claims and losses and providing self-insurance and reinsurance therefor.
C. 
The Trust is established pursuant to an intergovernmental cooperation agreement entitled the "Susquehanna Municipal Trust — Trust Agreement" ("the Agreement").
D. 
Pursuant to the provisions of Chapter 23, Subchapter A, Intergovernmental Cooperation, of the General Local Government Code, 53 Pa.C.S.A. § 2301 et seq. ("Intergovernmental Cooperation Law"), a municipality may enter into an intergovernmental cooperation agreement upon the passage of an ordinance by its governing body.
The caption and preamble of this article set forth above are incorporated herein by reference.
This political subdivision hereby approves entering into the agreement, a copy of which is attached hereto and incorporated herein by reference (and which shall be filed with the minutes of the meeting at which this article was enacted)[1], with the intent and effect that this political subdivision shall be bound by the agreement and shall join and participate in the Trust.
[1]
Editor's Note: A copy of the agreement is on file in the Township offices.
The Chairman or Vice Chairman of the governing body, acting alone or together with the Secretary or Assistant Secretary, are hereby authorized and directed on behalf of the political subdivision:
A. 
To execute and deliver the agreement; and
B. 
To execute and deliver such additional instruments, and to take such further actions, as may be necessary or appropriate to carry forth the agreement and the transactions to be effected under the agreement, including payment to the Trust of such amounts as are due by the political subdivision pursuant to the agreement.
The governing body of the political subdivision is hereby authorized to take such other action as may be necessary or appropriate to carry out the purposes of this article and of the agreement.
As required by the Pennsylvania Intergovernmental Cooperation Act, the following matters are specifically found and determined:
A. 
The conditions of the agreement are set forth in the agreement.
B. 
This political subdivision shall participate in the Trust for a minimum initial term of two years as set forth in the agreement.
C. 
The purpose and objectives of the agreement are as set forth in the preamble of this article and in the agreement;
D. 
The manner and extent of financing the agreement are that:
(1) 
No borrowing will be required by the political subdivision;
(2) 
Funds to implement the political subdivision's obligations under the agreement shall come from normal and usual budgeted amounts for such matters; and
(3) 
Other provisions governing the manner and extent of the financing of the Trust shall be as set forth in the agreement;
E. 
The Trust shall be managed by its own Plan Committee and Board of Trustees pursuant to the terms of the agreement;
F. 
All property, real or personal, of the Trust shall be acquired, managed, licensed or disposed of by the Trust in accordance with the terms of the agreement; and
G. 
The Trust created by the agreement shall be empowered to enter into contracts for policies of group insurance and employee benefits, including social security, pursuant to the terms of the agreement.