9.b) Ratify Surety and Blanket Bonds Meeting Date: 1/18/2011
Agenda Item: ,� f, �
f , f,:�f�
City Council Agenda Report
City of Scandia
14727 209`h St. North
Scandia, MN 55073 (651) 433-2274
Action Requested: Ratify surety and blanket bonds for City employees (Resolution O1-
18-11-03.)
Deadline/Timeline: This action should be taken at the annual meeting.
Background: • State Statutes require the City to provide surety and blanket bonds
to ensure the faithful performance of various employees. The
attached resolution officially ratifies the bonds in accordance with
State Law, and as recommended by the League of Minnesota
Cities.
• The bonds are provided by LMCIT as part of our insurance
coverage package. In 2009, the bond coverage was increased from
$100,000 to $200,000 and will remain at $200,000 for 2011.
Recommendation: I recommend that the Council adopt the resolution.
Attachments/ • Draft Resolution 01-18-11-03
Materials provided:
Contact(s):
Prepared by: Anne Hurlburt, Administrator
(ratify bonds)
Page 1 of 1
O1/10/11
CITY OF SCANDIA
RESOLUTION NO. 01-18-11-03
RATIFYING SURETY AND BLANKET BONDS
FOR CITY EMPLOYEES FOR 2011
WHEREAS, surety bonds for certain City employees and a general bond covering all
City employees are required for 2011;
NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL
OF THE CITY OF SCANDIA, WASHINGTON COUNTY, MINNESOTA, that surety
bonds insuring the integrity and honest performance of duties by the following named employees
in the amounts set forth are hereby ratified and confirmed for the year 201 l:
City Council $200,000
City Administrator/Clerk $200,000
Treasurer $200,000
Deputy Clerk $200,000
Fire Chief $200,000
All Employees $200,000
Adopted by the Scandia City Council this 18th day of January, 2011.
Randall Simonson, Mayor
ATTEST:
Anne Hurlburt, Administrator/Clerk