CC RESOLUTION 4127RESOLUTION NO. 4127
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, THE
DIRECTOR OF FINANCE, THE CITY MANAGER AND THE PUBLIC
EMPLOYEE BLANKET BOND OF SAID CITY; AND RECINDING
RESOLUTION 3253.
WHEREAS, the City Attorney, as contemplated under the provisions of Section 36518, Section 37209 and
Section 36519 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, the Director of Finance, the City Manager and the Public Employee Blanket
Bond, 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, DETERMINE AND ORDER AS FOLLOWS:
SECTION 1. As established by City Ordinance No. 702 and pursuant to the requirements of Section 36518
of the Government Code of the State of California, the City Clerk and the City Treasurer 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 the laws of the State of California applying or relating to bonds of public
officers.
SECTION 2. As established by City Ordinance No. 724 and pursuant to the requirements of Section 37209
of the Government Code of the State of California, the Director of Finance, before entering upon the duties of the office,
shall execute a bond in accordance with the requirements of the provisions of the Government Code and the laws of the
State of California applying or relating to bonds of public officers.
SECTION 3. As established by City Ordinance No. 486 and pursuant to the requirements of
and Section 36519 of the Government Code of the State of California, the City Manager of the City of El Segundo,
California, before entering upon the duties of the office, shall execute a bond in accordance with the requirements of
the provisions of the Government Code and the laws of the State of California applying or relating to bonds of public
officers.
SECTION 4. That pursuant to the requirements of Section 36519 of the Government Code of the State of
California, the City of El Segundo shall execute a Public Employees Blanket Bond in accordance with the requirements
of the provisions of the Government Code and the laws of the State of California applying or relating to bonds of other
officers and employees.
SECTION 5. 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 $25,000.
(2) The official bond of the City Treasurer shall be in the penal sum or amount of $250,000.
(3) The official bond of the Director of Finance shall be in the penal sum or amount of $100,000.
(4) The official bond of the City Manager shall be in the penal sum or amount of $100,000.
(5) The official bond of the Public Employee Blanket Bond shall be in the penal sum or amount of
$25,000.
SECTION 6. 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.
RESOLUTION NO. 412 7
FIXING AMOUNTS OF OFFICIAL BONDS
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SECTION 7. That as provided by law, the bonds of the City Treasurer; the Director of Finance, the City
Manager and the Public Employee Blanket Bond 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 8. Resolution No. 3253 is hereby rescinded.
SECTION 9. 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 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 7 day of September, 1999.
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x
Mike ordon, Mayor
ATTEST:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO
I, Cindy Mortesen, City Clerk of the City of El Segundo, California, do hereby certify that the whole number of
members of the City Council of said City is five; that the foregoing Resolution No. was duly passed and
adopted by said City Council, approved and signed by the Mayor, and attested to by the City Clerk, all at a regular
meeting of said Council held on the 7' day of September, 1999, and the same was so passed and adopted by the
following vote:
AYES: Gordon, Jacobs, Gaines, McDowell, Wernick
NOES: None
ABSENT: None
ABSTAIN: None
Ciy Mortes ity Cl€trk
0 APPROVED AS TO FORM:
t
Mark D. Hensley, City Attorney
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