[Ord. 2003-56, 1/6/2003, § 1]
1. The proper municipal officers are hereby authorized to execute and
deliver the following documents:
A. The Municipal Risk Management Workers' Compensation Pooled Trust
Agreement (hereafter the "Agreement").
B. The Participant Application.
2. Which documents are attached hereto and made a part hereof and which
may be inspected by any interested citizen at the office of the Municipal
Secretary.
[Ord. 2003-56, 1/6/2003, § 2]
The duration of the term of the Agreement is four years from
the date of admission to the Trust as a participant.
[Ord. 2003-56, 1/6/2003, § 3]
The purpose and objectives of the Agreement are set forth in
Article V of the Agreement.
[Ord. 2003-56, 1/6/2003, § 4]
The powers and scope of authority delegated are set forth in
Article II, Article V, Article VI, Article VIII and Article IX of
the Agreement.
[Ord. 2003-56, 1/6/2003, § 5]
The funds for meeting the obligations of the political subdivision
under the Agreement shall be appropriated from the general funds of
the political subdivision.
[Ord. 2003-56, 1/6/2003, § 6]
The organizational structure necessary to implement the Agreement
consists of the Trust, Trustees, Service Agents and Fiscal Agents
created by the Agreement.
[Ord. 2003-56, 1/6/2003, § 7]
Property acquired for purposes of the Trust shall be acquired,
managed and disposed of under the terms of the attached Trust Agreement.
[Ord. 2003-56, 1/6/2003, § 8]
The Trust shall be empowered to enter into contracts for policies
of group insurance and employee benefits, including social security
for its employees.