HomeMy WebLinkAboutORD 29ORDINANCE NO. to �..r
AN ORDINANCE OF Tim "*'+'2'. of PALM DESERT,
CALIFORNIA, I.STAb___- JO THE PENAL SUM
OF BONDS OF ''ERTR*_- CITY OFFICERS AND
EMPLOYEES A&D AUTHORIZING PAYMENT OF PRE-
MIUMS FOR SUCH BONDS AND AMENDING ORDINANCE
NO. 5 OF SAID CITY.
The City Council of the City of Palm Desert, California,
DOES HEREBY ORDAIN as follows:
SECTION 1. BONDSt
In accordance with Section 36518 and 36519 of the
Government Code of the State of California, bonds shall be
required of City officers and employees in penal sums as
followst
a. City Treasurer, $25,000.00.
b. City Clerk and all other officers and employees
of this City, including Deputies of the City Clerk and
City Treasurer shall be covered by an honesty position
bond issued by a surety company authorized to do
i business in the State of California in the amount of
$10,000.00 for such employees.
If any person fills two or more of the above described
offices, then only one bond shall be required for such
person in an amount equal to the greatest sum for any such
officer held.
SECTION 2. PREMIUMS:
The premiums for such bonds shall be paid from the
City's general fund.
SECTION 3. EFFECTIVE DATE AND PUBLICATION:
This ordinance shall take effect thirty (30) days after
t the date of its adoption and prior to the expiration of
fifteen (15) days from the passage thereof shall be posted
in three public places within the City limits of the City of
BY ORDINANCE
DATED: ......