Pursuant to Act 77 of the Public Acts of 1989 (MCL 41.110b) and Act 359 of the Public Acts of 1947 (MCL 42.1 et seq.), the Township hereby creates and establishes a group insurance or prepayment plan(s) covering life, accident, dental care, vision care, health, hospitalization, medical and surgical service and expense, and/or long-term disability insurance for its officers and employees, dependents of those officers and employees, retired officers and employees, and dependents of those retired officers and employees, as enumerated below; and for such purposes, also authorizes the Township Supervisor and the Township Clerk to contract, in the name of the Township Board of Trustees, with any company(s) authorized to transact such business within the State of Michigan for such group insurance or prepayment plan(s).