The Common Council and Plan Administrator hereby declare and establish with the Board of Trustees hereunder a Trust. All contributions under the Plan paid from time to time to the Board of Trustees, all investments thereof and all earnings, profits, increments, additions and appreciation thereto and thereon accruing from time to time, shall be held by the Board of Trustees under the Trust as a trust fund, herein called “Trust Fund,” or “Fund,” in accordance with the provisions of the Plan and this Trust Agreement. The Board shall have the power to inquire into the correctness of any contributions or to enforce the payment thereof.
(Ord. CO-01-17, passed 8-27-01)