Title
AN ORDINANCE AUTHORIZING THE ACCEPTANCE OF THE CONTRACT AND BY LAWS DOCUMENT OF THE INTERGOVERNMENTAL PERSONNEL BENEFIT COOPERATIVE AND AUTHORIZING MEMBERSHIP IN THE IPBC BY THE VILLAGE OF ORLAND PARK.
Body
WHEREAS, a number of Illinois local governments have entered into an intergovernmental agreement and created the Intergovernmental Personnel Benefit Cooperative (“IPBC”); and
WHEREAS, the IPBC has existed for several decades, and has provided benefit coverages for the officers and employees of many Illinois local governments; and
WHEREAS, the Village of Orland Park wishes to become a Member of the IPBC; and
WHEREAS, the obligation of membership requires the acceptance by the Corporate Authorities of the Village of Orland Park of the Contract and By-Laws document of the IPBC as an intergovernmental contractual obligation to which the Village of Orland Park will become bound.
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF TRUSTEES OF THE VILLAGE OF ORLAND PARK, COOK COUNTY, ILLINOIS, as follows:
SECTION 1
The Village of Orland Park, as of January 1, 2026, the starting date at which admission to membership was or is granted by the IPBC Executive Board, shall become a Member of that intergovernmental cooperative.
SECTION 2
The terms and conditions of that membership shall be such terms and conditions as were imposed by the Executive Board of the IPBC in the acceptance motion, and the contractual obligations under the terms of the Contract and By-Laws of the IPBC attached hereto and incorporated herein as Exhibit A (“Seventh Amendment to the Fifth Consolidated Amendment to the Contract and By-Laws Intergovernmental Personnel Benefit Cooperative”) and as it may be amended in accordance with its terms. The Village of Orland Park assumes such terms and conditions.
SECTION 3
The Village Manager of the Village of Orland Park, subject to review by the Village attorney, as shall be authorized, is directed to execute any documents necessary to indicate the membership of the Village of Orland Park in the IPBC.
SECTION 4
This Ordinance shall be in full force and effect upon its passage, approval, and publication in pamphlet form, if required by law.