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HomeMy WebLinkAboutReso 1997-0020 RESOLUTION NO. 97-20 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA AUTHORIZING THE PURCHASE OF A SURETY BOND FOR THE CITY MANAGER AND ESTABLISHING AMOUNT OF BOND PURSUANT TO THE PROVISIONS OF THE CITY CHARTER; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Section 3.4 of the City Charter requires the City Manager to furnish a surety bond to be approved by the City Commission and in such amount as the City Commission may fix; NOW. THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: Section 1. That the City Commission hereby authorizes the purchase of a surety bond for the City Manger and establishes the amount of said bond at ONE MILLION ($I,OOO,OOO.OO)DOLLARS. Section 2. This resolution shall be effective immediately upon adoption. PASSED AND ADOPTED this 20th November, 1997. ATTEST: ~ICJ./~"f-;~ ~~-R~\k- Jonda K. Joseph Interim City Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY 4._ ',.,J. .~. c, ( j M D^-.:.i"~' .'. . v~-., . ". . i:U,lJ.JH. ,:/ "; ~.,\~" ~.'-"'" t. ~. f....~.......:...,..:.c--,....~ City Attorney (: ",:t' ~ "- ~ - ,) RES97-20 '-.