The caption and preamble of this article set
forth above are incorporated herein by reference.
The Township of Patton hereby approves entering
into the agreements, copies of which are attached hereto as Exhibit
A and Exhibit B and incorporated herein by reference, with the intent
and effect that the Township of Patton shall be bound by the agreements.
As required by the Pennsylvania Intergovernmental
Cooperation Act, the following matters are specifically found and determined:
A. The conditions
of the agreements are set forth in the agreements.
B. The Township of
Patton shall participate in CRIC and/or PMHIC for an initial term
of three years after agreeing to purchase one or more employee benefits
through one or both cooperatives. All renewal terms shall be as further
set forth in the agreements.
C. The purpose and
objectives of the agreements are as set forth in this article and
in the agreements.
D. The manner and
extent of financing the agreements are that: a) no borrowing will
be required by the Township of Patton; b) funds to implement the Township
of Patton's obligations under the agreements shall come from normal
and usual budgeted amounts for such matters; and c) other provisions
governing the manner and extent of the financing of the CRIC and PMHIC
shall be as set forth in the agreements.
E. Each cooperative
shall be managed by its Board of Directors pursuant to the terms of
the agreement.
F. All property, real
or personal, of the cooperatives shall be acquired, managed, licensed
or disposed of by the cooperatives in accordance with the terms of
the agreements.
G. CRIC and PMHIC
created by their respective agreement shall be empowered to enter
into contracts for policies of group insurance and employee benefits
pursuant to the terms of the agreements.