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HomeMy WebLinkAbout~Master - Providing for Payment of Premiums on Fidelity Bonds y y ORDINANCE NO. 2072 AN ORDINANCE PROVIDING FOR PAYMENT BY THE CITY OF AMES OF PREMIUMS ON ALL FIDELITY BONDS FILED BY OFFICERS AND EMPLOY- EES UNDER CHAPTER 4 OF THE MUNICIPAL CODE. BE IT ORDAINED by the City Countil of the City of Ames, Iowa: Section 1. Chapter 4 of the Municipal Code of the City of Ames is hereby amended by adding thereto the following to be known as section 4-3: 4-3 PAYMENT OF PREMIUMS. The premium costs for all fidelity bonds filed under this chapter by officers and employees shall be paid by the city from the general fund. Section 2. Section 6 of Ordinance 801 and section 8-6 of the Municipal Code of the City of Ames are hereby repealed. Section 3. This ordinance shall be in full force and effect from and after its passage and publication as provided by law. Passed this 20th day of April , 1965. M. W. -JORDONS City Clerk PEARLE P. DE HART, Mayor Moved by Eschbach and seconded by Fisher Ordinance No. 2072 be adopted on its first reading. Voting Aye : Judge, Pasley, Eschbach, Bledsoe,, Fisher Voting Nay: None Absent: Armstrong Moved by Fisher and seconded by Judge the rules governing the passage of ordinances be suspended, the second and third readings be Mitt d and Ordinance No. 2072 be placed for final passage. Voting Aye: Judger Pasley, Eschbach, Bledsoe, Fisher Voting Nay: None Absent: Armstrong Moved by Bledsoe and seconded by Pasley Ordinance No. 2072 do now pass. Voting Aye: Judge, Pasley, Eschbach, Bledsoe, Fisher Voting Nay: None Absent: Armstrong Mayor DeHart declared Ordinance No. 2072 duly adopted.