[Amended 11-21-2006 by Ord. No. 990]
A. The following association is hereby recognized as actively engaged
in providing fire protection and/or emergency services in the Borough
of Folcroft:
(1) Folcroft Volunteer Fire Company No. 1 Firemen's Relief Association.
B. The above-named association has been formed for the benefit of its
members and their families in case of death, sickness, temporary or
permanent disability or accident suffered in the line of duty.
C. The above-named association of the Borough of Folcroft is designated
the proper association to receive such funds as are due and payable
to the Borough Treasurer by the Treasurer of the State of Pennsylvania
from the tax on premiums from foreign fire insurance companies.
The Borough Council shall annually certify to the Auditor General
of the Commonwealth, the name(s) of the active associations and the
percentage of service they contribute to the protection of the Borough
of Folcroft. Such certification shall be on forms prescribed by the
Auditor General.
There is annually appropriated from the Borough Treasury all
such sums of money that may hereafter be paid into the Borough Treasury
by the Treasurer of the State of Pennsylvania on account of taxes
paid on premiums of foreign fire insurance companies in pursuance
of Act of December 18, 1984, No. 205, § 701 et seq., as
hereafter amended, supplemented, modified or reenacted by the General
Assembly of Pennsylvania. Such monies received by the Borough Treasurer from the
State Treasurer shall be distributed to the duly recognized association(s)
within 60 days of receipt. The funds shall be distributed on the basis
of the percentage of service established in the certification to the
Auditor General and with other provisions of the Act.