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HomeMy WebLinkAboutORD 270ORDINANCE NO. 270 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PALM DESERT, CALIFORNIA, ESTABLISHING THE AMOUNT OF BONDS CERTAIN TO THE OFFICERS AND EMPLOYEES. The City Council of the City of Palm Desert, California, DOES HEREBY ORDAIN as follows: SECTION 1: That Section 2.32.010 of the Code of the City of Palm Desert, California, be and the same is hereby amended to read as follows: 112.32.010 Bonds designated. A. In accordance with Sections 35618 and 36519 of the Government Code of the state, bonds shall be required of city officers and employees in the penal sums as follows, for the faithful performance of their duties and obligations of their positions: 1. Directors of finance -treasurer, two hundred fifty thousand dollars; 2. 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 twenty-five thousand dollars for such employee. B. If any person fills two or more of the offices described in subsection A then only one bond shall be required for such person in an amount equal to the sum required." SECTION 2: The City Clerk shall certify to the passage and adoption of this ordinance and shall cause the same to be published once in the Palm Desert Post, a newspaper of general circulation, published and circulated in the City of Palm Desert, and the same shall be in full force and effect thirty (30) days after its adoption. PASSED, APPROVED and ADOPTED by the City Council this 10th day of _ September , 1981, by the following vote: AYES: McPherson, Newbrander, Puluqi, Snyder & Wilson NOES: None -1- ABSENT: None ABSTAIN: None S ./ OY VZL9%N, May C y o Palm Desertf, California ATTEST: v �-4 ..,�.�-�� - Aec�� EILA R. GILLIGAN, City lerk City of Palm Desert, California -2-