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HomeMy WebLinkAbout2019-064 - Approving Coverage of All Officers and Employees Under One Master Faithful Performace BondLAR 7.2.19 RESOLUTION NO. 2019-064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA APPROVING COVERAGE OF ALL OFFICERS AND EMPLOYEES UNDER ONE MASTER FAITHFUL PERFORMANCE BOND. THE CITY COUNCIL OF THE CITY OF SANTA ANA, (CITY), HEREBY DOES FIND AND RESOLVE AS FOLLOWS: WHEREAS, prior to January 1, 1997, the California Government Code required that local public agency treasurers be individually bonded and; WHEREAS, the City Council also had the authority to require bonds of other officers or employees; and WHEREAS, California Government Code Section 1481 was amended January 1, 1997 with Assembly Bill 3472 to extend master bonding provisions to local public agencies; and WHEREAS, Assembly Bill 3472 allows the City Council to adopt a resolution approving coverage of all their officers and employees under one master bond; and WHEREAS, approval of such resolution eliminates the necessity of writing bonds on specifically named individuals for their term of office, reducing both cost and paperwork, NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA ANA DOES HEREBY RESOLVE, ORDER, AND DETERMINE THE FOLLOWING: Section 1. The City Council of the City of Santa Ana hereby authorizes the coverage of all their officers and employees under one master bond. Section 2. This Resolution shall take effect immediately upon its adoption by the City Council and the Clerk of Council shall attest to and certify the vote adopting this Resolution. ADOPTED this 2nd day of July. 2019. or - Miguel Puildo Mayor Resolution 2019-064 Page 1 of 2 APPROVED AS TO FORM: Sonia R. Carvalho, City Attorney By Laura A. Rossini Senior Assistant City Attorney AYES: Councilmembers Iglesias Penaloza Pulido, Solorio, Villegas (5) NOES: Councilmembers None (0) ABSTAIN: Councilmembers None (0) NOT PRESENT: Councilmembers Sarmiento (1) * Ward 4 representative vacant. C CERTIFICATION OF ATTESTATION AND ORIGINALITY I, NORMA MITRE, Acting Clerk of the Council, do hereby attest to and certify the attached Resolution No. 2019-064 to be the original resolution adopted by the City Council of the City of Santa Ana on July 2, 2019. 02L - Norma Mitre Acting Clerk of the Council City of Santa Ana Resolution 2019-064 Page 2 of 2