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95-15CITY OF OTSEGO COUNTY OF WRIGHT STATE OF MINNESOTA NO. -95-15 AN ORDINANCE REQUIRING CERTAIN OFFICERS AND EMPLOYEES OF THE CITY OF OTSEGO TO FURNISH OFFICIAL BONDS AND FIXING THE AMOUNTS THEREOF. The City Council of the City of Otsego, Minnesota, ordains: Section 1. The following officers and employees of the City of Otsego, before entering upon the discharge of their duties, shall each execute and furnish an official bond, the respective amounts thereof to be as follows: City Clerk Deputy City Clerk City Treasurer Director of Business and Finance Section Z. The official bonds of all officers and employees shall be executed in favor of the City of Otsego, Minnesota, and shall be approved and filed as required by law. section 3. The official bond of each officer and employee shall be executed in such form as to require the faithful performance of official duties and the proper application of, and payment upon demand for, all moneys officially received by each such officer and employee. Section 4. The official bond of each officer and employee required to be furnished shall be covered by a blanket bond obtained by the city. Section S. The premiums for the official bonds shall be paid from the general fund of the city. section 6. This ordinance shall take effect and be and remain in force from and after its passage and publication. ADOPTED this 24TH day of April , 1995. IN FAVOR: OPPOSED: NO ONE Norman F Freske, Mayor, Ron Black, Larry Fournier, Vern Heidner, and Suzanne Ackerman, Council ri Elaine Be&tty _ / Publish: Elk River,Star Post: Otsego City Hall: CITY OF OTSEGO By: 91 a - No . Freske, Mayor News: 5/3/95 4/25/95