HomeMy Public PortalAboutResolution #2007-21, A Resolution Providing Surety Bond For City Officers And Enmployees Pursuant To Riverdale City Code Section 5.02 RESOLUTION # 2007-21
A RESOLUTION PROVIDING SURETY BOND FOR CITY OFFICERS AND
EMPLOYEES PURSUANT TO RIVERDALE CITY CODE SECTION 5.02
WHEREAS Iowa Code Section 64.2 mandates that certain city officers and employees be
bonded;
WHEREAS Iowa Code Section 64.13 permits a city council to provide for a surety bond running
to the city and covering all city officers and employees not otherwise covered;
WHEREAS Riverdale Code Section 5.02 mandates that the City Council provide by resolution
for a surety bond running to the City and covering the Mayor, City Clerk,Assistant City Clerk
and such other officers and employees as may be necessary and advisable;
WHEREAS Iowa Code Section 63.15 permits city councils to fix the amount of bonds required
of city officers.
NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Riverdale, Iowa,
that the City shall obtain a surety bond in the amount of$5000.00 running to the City covering
the Mayor, City Clerk, and Assistant City Clerk and the amount of$2500.00 for all other officers
and employees who have the authority to handle and disperse public funds.
This Resolution shall take immediate effect.
PASSED,APPROVED AND ADOPTED THIS 21st day of August, 2007.
Ayes: Nays:
Franklin
Ulrich
Stickler
Grindle
Halsey
44 J
Norma Wren, Mayor
ATTEST:
Theresa Ralfs, City C rk