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 2020.
Body
Strategic Plan:
N/A
Summary:
Summary
Chapter 137, Florida Statutes, 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 following amounts:
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. In accordance with Chapter 137.01, Florida Statutes, the bond of each County officer of whom a bond is required must be filed with the Clerk of the Circuit Court and Comptroller.
* The Supervisor of Elections is not required by law to post a bond.
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Background Information:
N/A
Fiscal Impact:
Total cost to the County for the bonds noted above was $6,333.00. These bonds have already been purchased and paid for by the Risk Management Department.
Staff Member Responsible:
Jewel White, County Attorney
Merry Celeste, Division Director, Purchasing and Risk Management, Administrative Services
Partners:
Newly Elected Public Officers
Attachments:
Public Official Bonds for each Officer elected in 2020.
Resolution 98-216 establishing bond amounts.