The Secretary of the Board of Commissioners is hereby authorized
to establish a system of payroll deduction to be matched by payments
by the Township of Vanport to be made unto the Contribution Fund of
the Social Security Act through the office of the state agency and
to make charges of this tax to the fund or funds from which wage or
salary payments are issued to employees of the Township of Vanport.
Such payments are to be made in accordance with the provisions of
the laws and regulations promulgated by the state agency and the Federal
Security Administrator. Such payments which are delinquent shall bear
interest at the rate of 1/2 of 1% per month until such time as payments
are made.
An appropriation is hereby made from the proper fund or funds
of the Township of Vanport in the necessary amount to pay into the
Contribution Fund as provided in Section 4 of the enabling Act and
in accordance with the plan or plans and agreements. Authority is
given to the President and Secretary of the Board of Commissioners
of the Township of Vanport to enter into an agreement with the state
agency, which agreement shall be in accordance with Act No. 491 and with paragraph 218 of the Social Security Act. Such
plan and agreement shall provide that the participation of the Township
of Vanport shall commence as of January 1, 1951.