Loading...
HomeMy WebLinkAboutOrd 1073ORDINANCE NO, '"J`" ORDINANCE INCREASING TREASURER'S BOND AND ESTABLISHING BOND OF DEPUTY TREASURER The CITY COUNCIL of the City of Burlingame, California, does ORDAIN as follows: Section 1. Section 3.12.020 of the Burlingame Municipal Code concerning City Treasurer's Bond is amended to read as follows: "3.12.020. Bond Before entering upon his duties, the city treasurer must execute a bond to the city, with sufficient sureties in accordance with requirements provided by law. The penal sum of such bond shall be two hundred fifty thousand dollars ($250,000.00), and shall cover the faithful performance by the city treasurer of the duties of his office and of his duties with respect to all moneys coming into his hands as such city treasurer, or the ordinances of the city, or under any law of the State of California. The bond shall be approved by the city council and filed with the city clerk. A bond in the sum of one hundred thousand dollars ($100,000.00) shall be similarly executed, approved and filed for any deputy treasurer who may be appointed." Section 2. This ordinance shall be published as required by law. Mayor 4` I, E�ELYN H. HILL, City Clerk of the City of Burlingame, do hereby certify that the foregoing Ordinance was introduced at a regular meeting of the City Council held on the -, day of May, 1976, and adopted thereafter at a regular meeting of the City Council held on the (J day of June, 1976. AYES: COUNCILMEN: NOES: COUNCILMEN: 0 ABSENT: COUNCILMEN: 4 �> f' --�jty Cl erk