The participation of the City of College Park in the Local Government
Health Benefits Trust, including the Local Government Health Benefits
Trust agreement dated July 1, 1990, and amendments thereto, is hereby
approved. Any payment obligation of the City under the trust agreement
shall be a general obligation of the City to which its full faith
and credit and unlimited taxing power is pledged and may not be subject
to annual appropriation by the City. The City Manager is authorized
to take any and all action necessary or appropriate to effect the
participation of the City in the trust and to execute and deliver
all documents, instruments, certificates and opinions necessary or
appropriate in connection therewith.
Sections
62-10 and 62-11 of this article are hereby declared to be and shall at all times and for all purposes be deemed to be the findings of the City of College Park in connection with its decision to participate in the trust, to make premium payments provided for in the trust agreement and to execute and deliver the trust agreement.