HomeMy WebLinkAboutRES 97-38RESOLUTION NO. 97- 3 8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
DIAMOND BAR, CALIFORNIA, RESCINDING RESOLUTION
89-11 AND 89-11A AND APPROVING COVERAGE OF ALL
OFFICERS AND EMPLOYEES UNDER ONE MASTER
FAITHFUL PERFORMANCE BOND
WHEREAS, prior to January 1, 1997, the California Government Code required that city
clerks and city treasurers be individually bonded, and;
WHEREAS, City Councils also had the authority to require bonds of other officers or
employees; and
WHEREAS, Califernia Government Code Section 1481 was amended January 1, 1997
with Assembly Bill 3472 to extend master bonding provisions to cities; and
WHEREAS, Assembly Bill 3472 requires the City Council to adopt a resolution
approving coverage of all their officers and employees under one master bond; and
WHEREAS, approval of such resolution eliminates the necessity of writing bonds on
specifically named individuals for their term of office, reducing both cost and paperwork,
NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Diamond
Bar, California authorizes the coverage of all their officers and employees under one master
bond.
ADOPTED AND APPROVED THIS 3rd day of ,lune '1997
1 l �
ayor
96-38
I, TOMMYE NICE, Deputy City Clerk of the City of Diamond Bar, do hereby certify that the
foregoing Resolution was passed, approved and adopted at a regular meeting of the City Council
of the City of Diamond Bar held on the 3 rd day of ,lune , 1997.
AYES: COUNCIL MEMBERS: Ansari, Harmony, Werner,
MPT/Herrera, M/Huff
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEM$ERS: None
ATTEST:
Tommye A. Nice, Deputy City Clerk
City of Diamond Bar
97-38