HomeMy WebLinkAboutReso 2018-088 - Establish Bonds RESOLUTION NO. 2018-088
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
ESTABLISHING THE PENAL SUM OF BONDS TO SECURE THE
FAITHFUL PERFORMANCE OF DUTIES BY THE CITY CLERK AND
CITY TREASURER
WHEREAS, Government Code Section 36518 requires that the City Clerk and City
Treasurer each execute a bond to the City for purposes of securing the faithful performance of their
duties; and
WHEREAS, Government Code Section 36518 further requires that the City Council set
the amount of the bond by resolution after receiving a recommendation of the City Attorney;
NOW, THEREFORE, IT IS RESOLVED that the City Council of the City of Redding
has received the recommendation of the City Attorney and hereby finds that the amount of the
bond for the City Clerk and the City Treasurer shall be in an amount not less than$10,000.00 each.
I HEREBY CERTIFY that the foregoing resolution was introduced and adopted at a
regular meeting of the City Council on the 21st day of August, 2018, by the following vote:
AYES: COUNCIL MEMBERS: McElvain, Sullivan, Weaver, Winter, & Schreder J.)
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None 1)
STEN 'Olt DER, Mayor
ATTEST: APPROVED AS TO FORM:
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PAMLA MI ,'City Clerk B•`' 'Y E. DeWAL , City • ttorney