HomeMy WebLinkAboutReso 066-90 Bonds/CM/CC/CT RESOLUTION NO. 66 - 90
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
ESTABLISHING BOND REQUIREMENTS FOR
CITY MANAGER, CITY CLERK AND CITY TREASURER POSITIONS
WHEREAS, City of Dublin Ordinance No. 45-87 establishes the
position of City Manager; and
WHEREAS, Ordinance No. 45-87 states that the City Council shall
designate the amount of the bond to be obtained for this position; and
WHEREAS, California Government Code Section 36518 requires the
City Clerk and the City Treasurer to execute a bond; and
WHEREAS, the Government Code provides that the penal sum of the
bond shall be in a reasonable amount; and
WHEREAS, the City Council is required to fix the amount of the
bond by resolution upon the recommendation of the City Attorney; and
WHEREAS, the bond premium for all bonds shall be paid by the City
in accordance with California Government Code Section 1651; and
WHEREAS, the City Council has considered the recommendation of
the City Attorney in fixing these amounts; and
WHEREAS, the City Council may amend the amount of the bond by
resolution.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of Dublin does hereby establish the following bond amounts to be
secured by the positions noted in accordance with this resolution:
City Manager
City Treasurer
City Clerk
$100,000 (One Hundred Thousand Dollars)
$100,000 (One Hundred Thousand Dollars)
$ 50,000 (Fifty Thousand Dollars)
PASSED, APPROVED AND ADOPTED this llth day of June, 1990.
AYES:
Councilmembers Hegarty, Jeffery, Snyder, Vonheeder and
Mayor Moffatt
NOES: None
ABSENT: None
ABSTAIN: None