[Ord. 98-3, 11/5/1998, § 1]
The Council of the Borough hereby signifies its desire and intention
to incorporate and organize an authority under provisions of the Pennsylvania
Municipality Authorities Act of 1945, the Act of May 2, 1945, P.L.
382, 53 P.S. § 301 et seq., as amended (the "Authorities
Act").
[Ord. 98-3, 11/5/1998, § 2]
The President or Vice-President of the Council of the Borough,
and the Secretary of the Borough, are authorized and directed to execute,
on behalf of the Borough, Articles of Incorporation for an authority
in substantially the form that is attached hereto as Exhibit "A,"
which, by reference, is made part hereof, that relate to the creation
of the "Hummelstown General Authority" (the "Authority").
[Ord. 98-3, 11/5/1998, § 3]
The President or Vice President of the Council of the Borough,
and the Secretary of the Borough, are authorized and directed to cause
public notice to be published as to the substance of this Part, including
the substance of said Articles of Incorporation, and as to the proposed
filing of said Articles of Incorporation, all in accordance with the
requirements of the Authorities Act.
[Ord. 98-3, 11/5/1998, § 4]
The President or Vice President of the Council of the Borough,
and the Secretary of the Borough, are authorized and directed to file
said Articles of Incorporation, a copy of this Part, and the necessary
proofs of publication therefor with the Secretary of the Commonwealth
of Pennsylvania, and to pay the required filing fees from the Borough
funds.
[Ord. 98-3, 11/5/1998, § 5]
The following named persons are appointed as the first members
of the Board of Authority for the following terms of office. [Here
followed the names, addresses and terms of office of the first members
of the Board of said Authority.]
[Ord. 98-3, 11/5/1998, § 6]
The surplus of assets of the Authority not reasonably required
to meet or provide for the obligations or operations of the Authority
shall be transferred, upon the written directive of the Borough, to
the Borough, from time to time.
[Ord. 98-3, 11/5/1998, § 7]
The proper officers of the Council of the Borough are authorized
and directed to do all things necessary to effect the incorporation
of the Authority and to advance and pay other reasonable necessary
costs associated therewith.
