Palmdale Municipal Code Ch. 2.16 Bonds

(A) In accordance with Section 36518 of the Government Code, bonds shall be required of City officers and employees in penal sums as follows:

(1) City Clerk, $5,000;

(2) City Treasurer, $5,000;

(3) All other officers and employees of this City, including deputies of the City Clerk and City Treasurer, shall be covered by an honesty position bond, issued by a surety company authorized to do business in this state, for the faithful performance of the duties of their respective offices or employment, in the aggregate penal sum of $20,000 for all such employees.

(B) If any person fills two or more of the above-described offices, then only one bond shall be required for such person in an amount equal to the greatest sum required for any of such offices held.

(Ord. 16 § 1, 1962; Ord. 1366 § 3, 2008)

The premiums for such bonds shall be paid from the City's general fund.

(Ord. 16 § 2, 1962)