PRINTER'S NO. 1389
No. 1215 Session of 1991
INTRODUCED BY VAN HORNE AND HECKLER, APRIL 22, 1991
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, APRIL 22, 1991
AN ACT
1 Amending the act of June 5, 1947 (P.L.458, No.208), entitled, as
2 amended, "An act creating as bodies corporate and politic
3 'Parking Authorities' in cities of the first, second, second
4 A and third classes, boroughs, and townships of the first
5 class; prescribing the rights, powers and duties of such
6 authorities; authorizing such authorities to acquire,
7 construct, improve, maintain and operate parking projects, to
8 conduct research of the parking problem, to supervise,
9 operate and administer an efficient coordinated system of on-
10 street parking regulation where so authorized by municipal
11 ordinance or resolution, to establish a permanent coordinated
12 system of off-street parking facilities, and to borrow money
13 and issue bonds for such facilities therefor; providing for
14 the payment of such bonds and prescribing the rights of the
15 holders thereof; conferring the right of eminent domain on
16 such authorities; empowering such authorities to enter into
17 contracts with, and to accept grants from, the Federal
18 Government, State, political subdivisions of the State or any
19 agency thereof; exempting the property and securities of such
20 parking authorities from taxation and conferring exclusive
21 jurisdiction on certain courts over rates for their
22 facilities," further providing for the power of an authority
23 regarding pensions.
24 The General Assembly of the Commonwealth of Pennsylvania
25 hereby enacts as follows:
26 Section 1. Section 5(b)(16) of the act of June 5, 1947
27 (P.L.458, No.208), known as the Parking Authority Law, is
28 amended to read:
1 Section 5. Purposes and Powers; General.--
2 * * *
3 (b) Every Authority is hereby granted and shall have and may
4 exercise all powers necessary or convenient for the carrying out
5 of the aforesaid purposes including, but without limiting the
6 generality of the foregoing, the following rights or powers:
7 * * *
8 (16) To enter into contracts of group insurance for the
9 benefit of its employes, and to set up a retirement or pension
10 fund for such employes, similar to that existing in the
11 municipality where the principal office of the project is
12 located[.] and conforming with the applicable requirements of
13 the act of December 18, 1984 (P.L.1005, No.205), known as the
14 "Municipal Pension Plan Funding Standard and Recovery Act."
15 * * *
16 Section 2. This act shall take effect immediately.
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