Participation of Cheltenham Township in the Delaware Valley Municipal
Health Insurance Cooperative is authorized for the purpose of studying the
feasibility of creating a municipal health insurance trust and taking such
action as is necessary to create the trust if it is feasible to do so.
As set forth in the Intergovernmental Cooperation Agreement and as otherwise
stated herein, the following conditions apply to the participation of Cheltenham
Township in the Delaware Valley Municipal Health Insurance Cooperative:
A. That each participating municipality must meet the admission
and eligibility requirements set forth therein;
B. That each participating municipality agrees to pay all
contributions when due as provided in the Intergovernmental Cooperation Agreement
and any bylaws thereafter adopted by the Cooperative;
C. That each participating municipality uses its best efforts
to provide appropriations for the payment of any contributions required to
achieve the purposes and objectives of the Cooperative;
D. That each participating municipality cooperate fully
in achieving the purposes and objectives of the Cooperative;
E. That each participating municipality designate a Director
as its representative on the Board of Directors; and
F. That each participating municipality comply with all
other condition s of the Intergovernmental Cooperation Agreement.
That Cheltenham Township agrees to participate in the Delaware Valley
Municipal Health Insurance Cooperative and thereafter may withdraw for any
reason whatsoever provided that it has fulfilled all its financial obligations
to the Cooperative upon withdrawal.
The effective date of the participation of Cheltenham Township in the
Delaware Valley Municipal Health Insurance Cooperative will be no later than
May 27, 1997.
Each participating municipality delegates to the Board of Directors
of the Delaware Valley Municipal Health Insurance Cooperative the powers enumerated
in the Intergovernmental Cooperation Agreement and bylaws.
All contributions paid by Cheltenham Township shall be made with funds
appropriated by Cheltenham Township for that purpose.
The organizational structure of the Cooperative shall consist of a Board
of Directors and an Executive Committee selected by the Board of Directors
in accordance with the Intergovernmental Cooperation Agreement and bylaws.
The funds required for the operation of the Cooperative shall be provided
by the participating municipalities through annual appropriations.
The Delaware Valley Municipal Health Insurance Cooperative is empowered
to enter into contracts for policies of group insurance and employee benefits,
including social security for any of its employees.
As a condition of participating in the Delaware Valley Municipal Health
Insurance Cooperative, Cheltenham Township agrees to comply with all the terms
and conditions in the attached Intergovernmental Cooperation Agreement.
This article is being enacted pursuant to the provisions of Intergovernmental
Cooperation Law, Act of July 12, 1972, No. 180, as amended, 53 Pa. C.S.A.
§ 2301 et seq.