HomeMy WebLinkAboutResolution No. 12-C47RESOLUTION NO. 12-C47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
AZUSA APPROVING THE COVERAGE OF ALL OFFICERS
AND EMPLOYEES UNDER ONE MASTER FAITHFUL
PERFORMANCE BOND
WHEREAS, prior to January 1, 1997, the California Government Code required
that local public agency treasurers be individually bonded and;
WHEREAS, the City Council also had the authority to require bonds of other
officers or employees; and
WHEREAS, California Government Code Section 1481 was amended January 1,
1997 with Assembly Bill 3472 to extend master bonding provisions to local public agencies; 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 City
of Azusa authorizes the coverage of all their officers and employees under one master bond.
The City Clerk shall certify the passage of this Resolution.
APPROVED AND PASSED this 2nd day of July, 2012.
/Joseph R. Rocha, Mayor
I HEREBY CERTIFY that the foregoing Resolution was duly passed by the City
Council of the City of Azusa at a regular meeting thereof held on the 2nd day of July, 2012.
AYES: COUNCILMEMBERS: GONZALES, CARRILLO, MACIAS, HANKS, ROC14A
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
Vera Mendoza, ity Clerk