CC RESOLUTION 22721()F;?if) RESOLUTION NO. 2272 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, FIXING THE AMOUNTS OF THE OFFICIAL BONDS OF THE CITY CLERK, THE CITY TREASURER, AND THE DIRECTOR OF FIN- ANCE OF SAID CITY; AND RESCINDING RESO- LUTION NO. 2232. WHEREAS, the City Attorney, as contemplated under the provisions of Section 36518 and Section 37209 of the Government Code of the State of California, has recommended to this Council that the official bonds of the City Clerk, the City Treasurer, and the Director of Finance, respectively, of said City, shall be in the respective penal sums as hereinafter set forth; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, DOES HEREBY RESOLVE, DETER- MINE AND ORDER AS FOLLOWS; SECTION 1. That pursuant to the requirements of Section 36518 and Section 37209 of the Government Code of the State of California, the City Clerk, the City Treasurer, and the Director of Finance, of the City of E1 Segundo, California, shall respectively, before entering upon the duties of their respective offices, each execute a bond in accordance with the requirements of the provisions of the Government Code and laws of the State of California applying or relating to bonds of public officers. The penal sum of such respective bonds shall be and the same are hereby respectively fixed by said Council as follows: (1) The official bond of the City Clerk shall be in the penal sum or amount of $5, 000. 00. (2) The official bond of the City Treasurer shall be in the penal sum or amount of $100, 000. 00. (3) The official bond of the Director of Finance shall be in the penal sum or amount of $100, 000. 00. SECTION 2. That each of the above - mentioned bonds shall be joint and several in form and shall be signed by the respective principals 100 7U and by the corporate surety, which said surety must be authorized as pro- vided by law to transact a general surety business in the State of California, and each of said bonds must be conditioned as provided by law. Each of the said bonds shall be subject to the approval of the City Council as to suffi- ciency of the surety and as to provisions, and by the City Attorney of said City as to form. SECTION 3. That as provided by law, the bondsof the City Treasurer and the Director of Finance shall be filed with the City Clerk and the bond of the City Clerk shall be filed with the Mayor of said City. SECTION 4. That the City Clerk shall certify to the passage and adoption of this resolution; shall enter the same in the book of resolu- tions of said City, and shall make a minute of the adoption thereof in the records of the proceedings of the City Council of said City in the minutes of the meeting at which the same is passed and adopted. PASSED, APPROVED and ADOPTED this 9th day of June 1969. ATTEST: City Cierk (SEAL) -2- ayor o e City of egun o, California. STATE OF CALIFORNIA, ) COUNTY OF LOS ANGELES, ) SS CITY OF EL SEGUNDO ) I, EUNICE U. CR EASON, City Clerk of the City of El Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing Resolution, being Resolution No. 2272 was duly passed and adopted by the said City Council, approved and signed by the Mayor of said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 9th day of June , 1969 , and that the same was so passed and adopted by the following vote: AYES: Councilmen Balmer, Frederick, Nagel, Stephens and Mayor Carr; NOES: Councilmen None: ABSENT: Councilmen None. WITNESS my hand and the official seal of said City this 10th day of June , 196 9 City Clerk of the City o egun o California (SEAL)