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HomeMy WebLinkAbout~Master - Revising Surety, Performance Bond Requirements for City Officers, Employees ORDINANCE NO. 3071 AN ORDINANCE TO AMEND THE MUNICIPAL CODE OF THE CITY OF AMES, IOWA, BY REPEALING SECTION 2.2 THERE- OF AND ENACTING A NEW SECTION 2.2 TO REVISE SURETY AND PERFORMANCE BOND REQUIREMENTS FOR CITY OFFI- CERS AND EMPLOYEES; REPEALING ORDINANCES IN CON- FLICT HEREWITH, AND PROVIDING AN EFFECTIVE DATE. BE IT ORDAINED, by the City Council for the City of Ames, Iowa: Section One. The Municipal Code of the City of Ames, Iowa shall be and is hereby amended by repealing Section 2.2 thereof and enact- ing a new Section 2.2 to read as follows: "Sec. 2.2. OFFICERS AND EMPLOYEES BOND There shall be purchased and maintained in effect a corporate surety bond and public officers and employees fidel- ity and faithful performance bond conditioned as specified in Section 64.2 and with such further and additional conditions and coverages and in such amounts as the Council shall from time to time deem prudent and appropriate." Section Two. Any and all ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict. Section Three. This ordinance shall be in full force and effect from and after its passage and publication as required by law. Passed this 27th day of _ February 1990. Nancy Dionig , City Clerk Larry R. urtis, Mayor 0105