The Board of Trustees hereby adopts the supplemental contract of June 12, 1980 by which the Indiana Municipal Power Agency is created, and declares that the town shall be governed by the terms and conditions of the contract, by the bylaws of the agency, and by all amendments to the contract properly adopted. The Board shall pay the annual assessments due under that contract.
('82 Code, § 8-1.5-3-1(b)) (Ord. E-12-81-2, passed 12-15-81)