[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.