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C-number: C-06-09-233-7

C-number: C-06-09-233-7-00
Item: #A-1
Revision: 00
Item Text
A-1. BOND FOR COUNTY TREASURER Pursuant to A.R.S. §42-18001, approve a penal bond, executed to the state, in the amount of $100,000 for the County Treasurer as tax collector. The exclusions for employees required to be bonded and the exclusion for Treasurer or Tax Collector have been deleted under the County crime policy. There is $10,000,000 coverage for the Treasurer. However the crime policy is not a bond. It is an insurance policy and has much broader coverage than a bond. A bond in the amount of $100,000 is recommended because: 1. That would pay the deductible under the crime policy. 2. Most statutory Treasurer bonds are $100,000. (C-06-09-233-7-00)

1 item(s) sharing C-number base C-06-09-233-7