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HomeMy WebLinkAboutRes 46-97 12/16/1997 Exhibit }Hr-~OLUTION NO. 46-97 A RESOLUTION AUTHORIZING THE ACCEPTANCE OF THE CONTRACT AND BY-LAWS DOCUMENT OF THE INTERGOVERNMENTAL PERSONNEL BENEPTr COOPERATIVE AND AUTHORIZING MEMBERSHIP IN THE IPBC WltEREAS, a number of Illinois municipalities have entered into an intergovernmental agreement and created the Intergovernmental Personnel Benefit Cooperative ("IPBC"); and WHEREAS, the IPBC has existed for a number of years and has provided benefit coverages for the officers and employees of many Illinois municipalities; and WHEREAS, this municipality wishes to become a Member of the IPBC and the obligation of membership requires the acceptance of the Contract and By-Laws document of the IPBC as the intergovernmental contractual obligation to which this municipality will become bound. NOW, THEREFORE, BE IT RESOLVED BY TI-IE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, as follows: SECTION ONE: The Village of Mount Prospect, as of the starting date at which admission to membership was granted by the IPBC Board of Directors, shall become a Member of that intergovernmental cooperative. SECTION TWO: The terms and conditions of that membership shall be such terms and conditions as were imposed by the Board of Directors of the IPBC in the accep~ motion nd the contractual obligation under the terms of the Contract and By-Laws of the IPBC as such document currently exists and as it may be amended in accordance with its terms. The municipality herein assumes such terms and conditions. SECTION THREE: The Mayor and Clerk shall hereby be directed to execute any documents necessary to indicate the membership of this municipality in the IPBC. SE~TION FOUR: Brian W. Caputo, Director of Finance, shall be the Village's representative on the Board of Directors of the IPBC and Carol L. Widmer, Assistant Director of Finance, shall be the Village's alternate representative until replaced by subsequent action of the Mayor and Board of Trustees of the Village of Mount Prospect. SECTION FIVE: This Resolution shall be in full force and effect upon its passage, approval and publication in pamphlet form in the manner provided by law. PASSED this 16th day of December , 1997. AYES C]owes, Corcoran, Noefert, Lohrstorfec, Nocchi, Wi]ks NAYS: None ~]~I~: None AP?ROVe. I) this 16th da}' of December , 1997. Village Clerk 2