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01/09/1995 Council Packet
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01/09/1995 Council Packet
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City Council
Council Document Type
Council Packet
Meeting Date
01/09/1995
Council Meeting Type
Regular
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AGENDA ITEM NO. 6A <br />STAFF ORIGINATOR Randy Schumacher, C.A. <br />DATE January 5, 1995 <br />TOPIC Consideration of Resolution No. 95 - 05 Setting <br />the Dollar Amount of the Public Employees <br />Dishonesty Bond <br />........................................... <br />BACKGROUND <br />Providing that the City Council adopted Ordinance No. 18 - 94 <br />Establishing a Blanket Public Employees Dishonesty Bond, the City <br />Council then should establish the amount of the Blanket Bond. <br />Staff has researched through the Municipal Finance Officer's <br />Association and the City Auditor and has determined that a <br />$500,000.00 Blanket Public Employees Dishonesty Bond will be <br />sufficient. <br />OPTIONS; <br />1. Adopt Resolution No. 95 - 05 accepting the recommendation of <br />staff for a $500,000.00 Bond. <br />Adopt Resolution No. 95 - 05 and <br />figure for the Bond. <br />Return to staff for further research. <br />substitute another <br />RECOMMENDATION: <br />dollar <br />
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