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HomeMy WebLinkAboutORD 05i� 1 1 i 4 i s T i 0 10 11 12 is 14 is 16 I 17 N 14 t 20 21 22 23 24 25 26 27 25 20 i0 n iT U /''144.. is ORDINANCE NO. S. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT. CALIFORNIA. ESTABLISHING THE PENAL SUM OF BONDS OF CERTAIN CITY OFFICERS AND EMPLOYEES AND AUTHORIZING THE PAYMENT OF THE PREMIUMS FOR SUCH BONDS. The City Council of the City of Palm Desert, California, DOES HEREBY ORDAIN as follows: SECTION 1. BONDS. In accordance with Section of the Government Code of the State of California, bonds shaft be raga re of City officers and employees In penal sums as follows: City Clerk $25.000.00 City Treasurer $25.000.00 All other officers and employees of this City, in- cluding deputies of the City Clerk and City Treasurer, shall be covered by an honesty position bond, issued by a surety company authorized to do business with the State of California, for the faithful performance of the duties of their respective officers of employment, in the aggregate penal sum of $25,000.00 for all such employees. If any person fills two or more of the above -described offices, t!!en --:,ty one bond shall be required for such person in an amount equal to va greatest sum required for any such offices held. S=_C:10` 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 the date of its adoption and prior to the expiration of fifteen (1S) days from the passage thereof shall be posted in three public places within the City limits of the City of Palm Desert, as prescribed by Resolution No. PASSED and ADOPTED this 26tMay of Noverber 1973, by the following vote: AYES: Mayor Clark, Councilman Denson, Cuunciltran Aston, Brush, McPherson NOES: None ABSENT: Atone 1 (� 1 ATTEST: —r-•-. RESCINDED Ci tyy ClerkBY ORDINANCX-» y Of a m Desert, California DATED: