Chapter 2.46
BONDS FOR OFFICERS AND EMPLOYEES1
Sections:
2.46.010 Officer’s bonds – General requirements.
2.46.040 Bonds – Form – Sufficiency.
2.46.060 Persons serving in two or more offices.
2.46.070 Fidelity blanket bond – Call for bids.
2.46.010 Officer’s bonds – General requirements.
Every officer of the city filling the positions designated in PMC 2.46.020, whether on a regular, temporary or acting basis, shall each be bonded by a position bond conditioned on the faithful and proper performance of his duties and for the payment and delivery over of all moneys and property belonging to the city, as provided by law. (Ord. 2386 § 1, 1993).
2.46.020 Positions – Amounts.
The following officers shall fall within the blanket bond with limits of $250,000 faithful performance of duty and $100,000 forgery coverage.
City manager
City clerk
Chief financial officer
Financial operations manager
Treasurer
Police chief
(Ord. 2432 § 3, 1995; Ord. 2386 § 1, 1993).
2.46.030 Blanket bond.
(1) Every officer and employee of the city shall be bonded by a public employee’s faithful performance blanket position bond.
(2) The bond shall be conditioned to identify and save the city harmless from any and all loss sustained by the city due to theft, dishonesty, fraudulent conduct or failure of the officer or employee to faithfully perform the duties of his office or position.
(3) The amount of liability for each officer or employee covered by the bond shall be the same as stated in PMC 2.46.020. (Ord. 2386 § 1, 1993).
2.46.040 Bonds – Form – Sufficiency.
(1) All bonds under this chapter shall be furnished with a surety company lawfully authorized to do business in the state as surety thereon. The premiums on the bonds shall be paid by the city on vouchers duly certified as provided by law. The city attorney shall approve the form of all such bonds. The director of human resources shall approve the sufficiency of all such bonds. All such bonds shall be filed with the city clerk.
(2) No bond shall be held void because of any defect in form, recital, condition or substance, nor shall any principal or surety be discharged from liability thereon because of any such defect. This provision shall be included in every such bond. (Ord. 2386 § 1, 1993).
2.46.050 Applicability.
No officer or employee shall enter upon his duties unless he/she is covered by a bond required in this chapter, except that officers and employees may enter upon their duties without being covered by bonds for a period not exceeding 30 days after the effective date of this chapter. (Ord. 2386 § 1, 1993).
2.46.060 Persons serving in two or more offices.
Any person who shall serve at the same time in two or more offices or positions requiring bonds under this chapter shall be covered by the blanket bond. (Ord. 2386 § 1, 1993).
2.46.070 Fidelity blanket bond – Call for bids.
The city manager may call for bids to furnish a public employees’ faithful performance blanket position bond which bond shall contain the conditions prescribed in this chapter and such additional conditions as are usual and as are set forth in the form of any such bond which shall accompany each bid submitted. (Ord. 2386 § 1, 1993).
Prior legislation: Ord. 2148.