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Town of Truckee <br /> <br /> California <br /> <br /> RESOLUTION NO. 94-49 <br /> <br />A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE <br />AUTHORIZING THE TOWN CLERK AND TOWN TREASURER TO EXECUTE A <br />BOND AND SETTING THE AMOUNT THEREOF <br /> <br /> WHEREAS,California Government Code Section 36518 requires the Town Manager/Clerk <br />and Town Treasurer to execute a bond in favor of the Town of Truckee in connection with duties <br />performed on behalf of the Town of Truckee; and <br /> <br /> WHEREAS, California Government Code Section 36518 provides the penal sum of the <br />bond shall be a reasonable amount recommended by the Town Attorney and fixed by the Town <br />Council by resolution and may be changed during the term of office; and <br /> <br /> WHEREAS, the Town Attorney recommends the Town Council fix the amount of the bond <br />to be $50,000 for the Town Manager and $250,000 for the Town Treasurer. <br /> <br /> NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE <br />TOWN OF TRUCKEE, that the Town Manager/Clerk and Town Treasurer shall each execute <br />bonds in favor of the Town of Truckee for $50,000 and $250,000, respectively, effective March 23, <br />1993. <br /> <br />The foregoing Resolution was introduced at a Regular Meeting of the Town Council of the Town <br />of Truckee, held on the 15th day of September, 1994, by Council Member Carpenter who moved <br />its adoption, which motion being duly seconded by Council Member Aguera was upon roll call <br />carried and the Resolution adopted by the following vote: <br /> <br />AYES: Council Member Aguera, Carpenter, Cross & Mayor Eagan <br /> <br />NOES: None <br /> <br />ABSENT: <br /> <br />Council Member Botto /~ <br /> Kathleen Eagan, Mayor <br /> <br /> <br />