CC RESOLUTION 3253RESOLUTION NO. 3253
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 FINANCE
OF SAID CITY'; AND RESCINDING RESOLUTION
NO. 2272,
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;
NOWF THEREFORE, THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, CALIFORNIA, DOES HEREBY RESOLVE, DETERMINE 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 El Segundo, California, shall respectively,
before entering upon the duties of their respective offices, each
execute a bond in accordance with the requirements of the pro-
visions of the Government Code and the 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 aqount of $25,000.00.
(2) The official bond of the City Treasurer
shall be in the penal sum or amount of $250,000,00,
(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 and by the corporate surety, which said
surety must be authorized as provided 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 sufficiency 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 bonds of 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 City Treasurer of said City.
SECTION 4, Resolution No, 2272 is hereby rescinded.
SECTION 5. The City Clerk shall certify to the passage
and adoption of this resolution; shall enter the same in the book
of original resolutions of said City, and shall make a minute
of the passage and adoption thereof in the records of the pro-
ceedings 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 20th day of
March , 1984.
ATTEST:
City Clerk
(SEAL)
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141st
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES
CITY OF EL SEGUNDO
I, Valerie A. Burrowes , 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., 3253 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 20th day of
March , 19 84 and that the same was so passed and
adopted by the following vote:
AYES: Council Members Armstrong, Johnson, SIadek,
Synadinos and Mayor Bue
NOES: Council Member None
ABSENT: Council Member None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY this
27th day of March 3 19 84
I
L�e-e1
City Clerk of the City of El Segundo,
California
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