Chapter 2.12
OFFICERS – BONDS

Sections:

2.12.010    Expenses charged to city – Exception.

2.12.010 Expenses charged to city – Exception.

All officials and officers of the city who shall be hereafter, or are required, by the laws of the state and by ordinances of the city to furnish surety bonds are authorized to furnish surety company bonds and charge expenses thereof to the city; provided, however, that the council shall reserve the right to reject any surety company’s bond on account of excessive premium or other reasons. In accordance with RCW 35A.12.080 the city of Leavenworth recognizes and accepts blanket bond coverage as satisfactory as an annual official bond for all officials and officers as provided within the city’s general liability coverage and said blanket bond and coverage shall be approved annually by the chief administrative officer in conjunction with acceptance and payment of the annual insurance policy as provided and paid for in January of each year. The city reserves the right to maintain or change coverage, the terms, and penalties, as provided by the selected insurance provider as deemed necessary, so long as said coverage provides the official bond required. [Ord. 1665 § 1 (Exh. A), 2022; Ord. 76 § 1, 1911.]