Subject:
Title
Public Official Bonds for Public Officers.
label
Recommended Action:
Recommended Action
Approval of the Public Official Bonds as required by law for Public Officers elected in November 2018.
Body
Strategic Plan:
N/A
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 for each official elected in November 2018, by Hartford Fire Insurance Company in the amount of $2,000.00. 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.
Additionally, and 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.
Background Information:
N/A
Fiscal Impact:
Total cost to the County for the bonds noted above was $1,022.00. These bonds have already been purchased and paid for by the Risk Management Department.
Staff Member Responsible:
Jewel White, County Attorney
Partners:
Risk Management Department
Attachments:
Public Official Bonds (3).
Resolution 98-216 establishing bond amounts.