Subject:
Title
Public Official Bonds for Public Officers.
label
Recommended Action:
Recommended Action
Approval of the Public Official Bonds as required by law for the Public Officers elected in November 2016.
Body
Strategic Plan:
N/A
Summary:
Chapter 137, Florida Statutes (2016), requires that public officers post bonds insuring performance of the duties of their offices as provided by law. Attached are copies of the required bonds as established by Resolution 98-216, which were secured by Hartford Fire Insurance Company or Travelers Casualty and Surety Company of America, in the amounts listed below:
Clerk of Circuit Court and Comptroller $100,000.00
Commissioner $ 2,000.00
Property Appraiser $ 10,000.00
Sheriff $ 25,000.00
Supervisor of Elections N/A*
Tax Collector $400,000.00
Chapter 113.07, Florida Statutes, indicates that the cost of the premium of the bond will be paid out of the general revenue fund of the County.
* The Supervisor of Elections is not required by law to post a bond.
Background Information:
N/A
Fiscal Impact:
Total cost to the County for the bonds noted above was $6,318.00. These bonds have already been purchased and paid for by the Risk Management Department,
Staff Member Responsible:
James L. Bennett, County Attorney
Jewel White, Chief Assistant County Attorney
Partners:
Risk Management Department.
Attachments:
Public Official Bonds for each Officer elected in 2016.
Resolution 98-216 establishing bond amounts.