1999-16a
RESOLUTION NO. 99 -- 16_
A RESOLUTION EXTENDING THE PERIOD OF
PARTICIPATION IN THE INTERGOVERNMENTAL PERSONNEL
BENEFIT COOPERATION FOR A PERIOD OF THREE
ADDITIONAL YEARS
WHEREAS, the Village of Buffalo Grove ( "Village ") is a Member of the
Intergovernmental Personnel Benefit Cooperative, C'IPBC "), which is an
intergovernmental entity providing employee benefits to the officers and employees of
the Village; and
WHEREAS, through its membership in the IPBC, the Village gains the ability to
achieve economies of scale in the administration of the benefit claims of its requisite
Members and the other benefits of membership provided for in the Contract and By -Laws
of that Cooperative; and
WHEREAS, the Contract 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 municipal corporation Members, 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 Cooperative; and
WHEREAS, the next three -year cycle of the Cooperative commences on July 1,
1999; and
WHEREAS, the Village desires to express, through the passage of this Resolution,
its desire to continue as a Member of the Cooperative for the three -year cycle
commencing on July 1, 1999, provided that an adequate number of other Members of the
Cooperative, as is 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 PRESIDENT AND BOARD
OF TRUSTEES FO THE VILLAGE OF BUFFALO GROVE, COOK AND LAKE
COUNTIES, AN ILLINOIS MUNICIPAL CORPORATION, AS FOLLOWS:
•
•
SECTION 1: The Village 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 future.
SECTION 2: The obligation of the Village
to be a
Member
of the
Intergovernmental Personnel Benefit Cooperative shall
obligate the
Village
to make
financial contributions to the Intergovernmental Personnel Benefit Cooperative only to
the extent required from the time -to -time by the Contract and By -Laws of the IPBC.
SECTION 3: This Resolution shall take effect immediately upon its passage and
approval as provided by law.
PASSED: Agril 5 , 1999. APPROVED: Avril 5 ,1999.
AYES: 6- -- Marienthal, Reid, Rubin, Braiman, Hendricks, Glover
NAYES: 0 - None
ABSENT: 0 - None
ATTEST:
Village erk