Chapter 2.02
FIDELITY BOND AND ERRORS AND OMISSIONS INSURANCE

Sections:

2.02.010    Fidelity bond and errors and omissions insurance.

2.02.010 Fidelity bond and errors and omissions insurance.

The city shall furnish a group fidelity bond to cover employee theft and dishonesty, and an errors and omissions insurance policy, covering all employees. In the event the city does not or cannot purchase such coverage, temporary and/or permanent city employees appointed to fill the following offices must qualify and be covered by individual fidelity bonds and errors and omissions insurance policies before entering upon the duties of office: city attorney, city administrator, city clerk, treasurer, assistant treasurer, and chief of police. Such bond and insurance coverage shall not be less than two million five hundred thousand dollars aggregate and purchased at the city’s expense. (Ord. 1043, 2019)