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HomeMy WebLinkAboutORD 154ORDINANCE NO. 154 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PAtA DESERT, CALIFORNIA, PSThRLISHING Tp8 WIN ON BONDS FOR CPRTAIN CITY OFFICERS AND MLOYEES, AUTHORIZING PAYMENT OF PREMIUMS FOR SAID BONDS AND AMENDING ORDINANCE U0. 29 OF BAiD CITY. 2T* City Council bf the City of Palm Desert, Cali- tornia, DOES BEREHY ORDAIN as follows SECTION 1: In accordance with Srotions 36518 and 36SIS of the Government Code of the State of California, bond shall be required of city officers and employees in the penal suns as follows, for the faithful performance of their duties and obligations of their positions: A. Director of Finance -Treasurer, $25,000.00. S. All other officers and employees, a blanket position faithful performance bond issued by a surety company authorized to do business in California, in the amount of + $25,000.00 for such employee. It ^ny 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 sum required. SECTION 2: That Ordinance No. 29 be and the same In hereby repealed. SECTION 3s The City Clerk is hereby directed to publish this ordinance once in the Palm Desert Post., a news- paper of general circulation, published and circulated in the City of Palm Desert, and shall certify to the passage and adoption of this ordinance, and the same shall be in full 1 force and effect thirty (30) days after its adoption. PASSED, APPROVF.D and ADOPTED by the City Council S this =L day of jarn .ism , by the following vote AYESs McPherson, Mullins, Newbrander, Seidler NOESs Noss AtlSEMTt BrushftLIN cityOR PRO-TE otPAIn Desearvt; California .CVty of Fate Doti oA&, Cs nrch'rak