[Adopted 1-16-1978 by Ord. No. 495; amended in its entirety 12-18-1985 by Ord. No. 558 (Ch. 1, Part 1C, § 1-123, of the 1987 Code of Ordinances)]
From and after the effective date of this section, there shall be regularly paid from the general funds of the Borough to the duly elected or appointed Mayor of the Borough of Collingdale the sum of $275 per month, subject to the limitations and requirements of the statutes of the Commonwealth of Pennsylvania.