Chapter 2.16
BONDS FOR OFFICERS
Sections:
2.16.010 Bonds required—Amount.
2.16.010 Bonds required—Amount.
The following named officers, assistants and employees of the city of Yakima, and the treasurer of Yakima County as ex officio collector of city taxes, before assuming the duties of their respective office, shall be bonded by a professional surety company authorized to do business in the state of Washington, which bonds shall be conditioned for the faithful discharge of the duties of such officers and employees as provided by law, in the following amounts:
|
|
Blanket Bond |
Annual Bond |
|---|---|---|
|
City Manager |
$25,000.00 |
|
|
Director of Finance |
25,000.00 |
|
|
City treasurer |
|
$100,000.00 |
|
Yakima’s County treasurer |
25,000.00 |
|
|
All other employees |
5,000.00 |
|
Provided, however, that the bonds of two or more officers or employees, except for the annual bond of the city treasurer and county treasurer, may be consolidated in one instrument as a blanket bond. (Ord. 2212 § 1, 1978: Ord. 918 § 1, 1967: Ord. 2, 1959: Ord. B-196 § 1, 1937).
2.16.020 Approval of bonds.
Bonds required by YMC 2.16.010 shall be subject to approval by the city attorney as to form and execution, and upon such approval shall be retained on file in the office of the city clerk. (Ord. 2212 § 2, 1978: Ord. B-196 § 2, 1937).
2.16.030 Payment of premium.
After the approval of said bonds, the city shall pay a reasonable premium to the surety company furnishing such bond. (Ord. B-196 § 3, 1937).