HomeMy WebLinkAboutRes 14-99 03/16/1999 RESOLUTION NO. 14-99
A RESOLUTION EXTENDING THE PERIOD OF
PARTICIPATION IN THE INTERGOVERNMENTAL
PERSONNEL BENEFIT COOPERATIVE
FOR A PERIOD OF THREE ADDITIONAL YEARS
WHEREAS, the Village of Monnt Prospect, a municipal corporation, is a Member
of the Intergovernmental Personnel Benefit Cooperative, ("IPBC"), which is an
intergovernmental entity providing employee benefits to the officers and
employees of this municipality; and
WHEREAS, through its membership in the IPBC, this municipal corporation gains
the ability to achieve economies of scale in the administration of the benefit claims
of its employees and the other benefits of membership provided for in the Contract
and By-Laws of the IPBC; and
WHEREAS, the Contra6t and By-Laws of the IPBC provide that the IPBC shall
operate in three (3) year cycles with the governing board of each Member,
including the governing board of this municipal corporation, being required to
pass an ordinance or resolution agreeing to continue as a member for the new
three-year cycle; and
WHEREAS, failure to pass a timely ordinance or resolution, at least sixty (60)
days before the commencement date of a new three-year cycle shall constitute a
withdrawal from the IPBC; and
WHEREAS, the next three-year cycle of the IPBC commences on July 1, 1999;
and
WHEREAS, this municipal corporation desires to express, through the passage of
this Resolution, its desire to continue as a member of the IPBC for the three-year
cycle commencing on July 1, 1999, provided that an adequate number of other
members of the cooperative, as set forth within the Contract and By-Laws
document, also agree to continue as members for the next three-year cycle;
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY,
ILLINOIS:
ECTION 1: This municipal corporation shall continue as a member of the
Intergovernmental Personnel Benefit Cooperative for a three-year term
commencing on July 1, 1999, in accordance with the Contract and By-Laws of
that entity as they currently exist or as they may be validly amended in the furore.
SECTION 2: The obligation of this municipal corporation to be a member of the
Intergovernmental Personnel Benefit Cooperative shall obligate this municipal
corporation to make financial contributions to the Intergovernmental Personnel
Benefit Cooperative only to the extent required from time-to-time by the Contract
and By-Laws of the IPBC.
SECTION 3: That this Resolution shall be in full force and effect from and after
its passage and approval in the manner provided by law.
AYES: Clowes, Corcoran, Hoefert, Nocchi, Wilks
NAYS: None
ABSENT: Lohrstorfer
PASSED and APPROVED this l~thday of Ma rch ,1999.
Gerald L. Farley Mayor
ATTEST:
~elma W. Lowe
Village Clerk