HomeMy WebLinkAboutCity Council Resolution 98-08 RESOLUTION NO. 98-08
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
SETTING BOND AMOUNTS FOR THE CITY MANAGER AND THE CITY TREASURER
WHEREAS, City Code Section 2-30.010 (a) provides in part that the
City Manager shall furnish a corporate surety bond in such amount
as determined by resolution of the City Council, and
WHEREAS, City Code Section 2-30.010 (d) provides in part that the
City Treasurer shall be covered by a blanket primary commercial
fidelity bond in the sum of $25,000 or such other amount as
determined by resolution of the City Council.
NOW, THEREFORE, BE IT RESOLVED, that the bond amount for the City
Manager and for the City Treasurer shall be set at $100,000,
respectively.
The above and foregoing resolution was passed and adopted by the
Saratoga City Council at a meeting held on the 15th day of April,
1998, by the following vote:
AYES: Councilmembers 8ogosian, Moran, Shaw, and Mayor Wolfe
NOES: None
ABSENT: Counci 1 member ~acobs j~~~~,~
ATTEST:
Deputy City