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HomeMy WebLinkAboutCity Council Resolution 09-001RESOLUTION NO. 09 - 001 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA APPROVING THE USE OF A MASTER OFFICIAL SURETY BOND TO PROVIDE REQUIRED COVERAGE FOR CITY CLERK AND CITY TREASURER WHEREAS, Government Code Section 36518 requires that City Clerks and City Treasurers be bonded; and WHEREAS, the City of Saratoga has complied with this requirement in the past through inclusion of these officials in a master surety bond purchased by the ABAG Plan Corporation consistent with the provisions of Government Code Section 1481; and WHEREAS, in order to continue the City's inclusion in the ABAG Plan Corporation master official surety bond, it is necessary for the City to approve the use of such a master bond to fulfill the requirements of Government Code Section 3651 S. NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Saratoga hereby resolves as follows: 1. The City Council deems it expedient to use a master official surety bond to provide coverage required by Government Code Section 36518 for the City Clerk and City Treasurer and also to provide coverage for other officers and/or employees whom the City may require be bonded. 2. The City Council hereby approves the inclusion of the City of Saratoga in a master official surety bond purchased by the ABAG Plan for the purpose of complying with Government Code Sections 36518 and 36519. BE IT FURTHER RESOLVED, the above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga City Council held on the 7`h day of January 2009, by the following vote: AYES: Councilmember Susie Nagpal, Howard Miller, Jill Hunter, Vice Mayor Kathleen King, Mayor Chuck Page NOES: None ABSENT: None ABSTAIN: None ATTE ~ Ann u Ivan, ity Clerk