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HomeMy WebLinkAboutCC-07-21-03-01 Parks Bond AmendSponsor: Councilor Ron Carter RESOLUTION NO. CC-07-21-03-01 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA, REGARDING SATISFACTION OF BONDING REQUIREMENTS WHEREAS, on June 16, 2003, the Carmel Common Council passed its Resolution No. CC-06- 16-03-02 ("Resolution"), thc satisfaction of bonding requirements for persons who will handle money on the City's behalf pursuant to that certain Park Joinder Agreement between the City of Carmel, Indiana and the Township of Clay, Hamilton County, Indiana, ("Joinder Agreement"); and WHEREAS, subsequent to the passage of the Resolution, the Clay Township Trustee requested changes to the language contained therein to reflect the fact that it will be Parks Department officers and employees, rather than City officers and employees as referenced in the Resolution, who will be handling money under the Joinder Agreement and who will need to be bonded. These changes are reflected in this resolution; and WHEREAS, Section 6.6 of the Joinder Agreement requires each officer and employee who handles money in the performance of their duties thereunder to be bonded; and WHEREAS, pursuant to Indiana Code 5-4-1-18(b), the Common Council of the City of Carmel, Indiana, may authorize the purchase of a blanket bond to cover all of the officers and employees of the Carmel/Clay Parks Department who will handle money in the performance of their duties on the City's behalf under the Joinder Agreement, including those persons who would otherwise be required to file an individual bond; and WHEREAS, it is prudent and economical for the City of Carmel, Indiana, to authorize the Carmel/Clay Board of Parks and Recreation (the "Parks Board") to obtain such a blanket bond to cover those officers and employees of the Cannel/Clay Parks Department who will handle money on the City's behalf in the performance of their duties under the Joinder Agreement. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Carmel, Indiana, that the Park Board may satisfy the bonding requirements of Section 6.6 of the Joinder Agreement by obtaining and maintaining in full force and effect for the term of the Joinder Agreement a blanket bond covering all Carmel/Clay Parks Department officers and employees who will handle money on the City's behalf in the performance of their duties under the Joinder Agreement. NOW, THEREFORE, BE IT FURTHER RESOLVED THAT, Common Council Resolution No. CC-06-16-03-02 shall be and the same is hereby REPEALED as of the effective date and time of this Resolution. ~__~ SO RESOLVED by the Common Council of the City of Carmel, Indiana, this la-Cday of ~ 2003, by a vote of lo ayes and ~)_ nays. / Page One of Two Pages Prepared by Douglas C. Haney, Carmel City Attorney 1 Sponsor: Councilor Ron Carter COMMON COUNCIL FOR THE CITY OF CARMEL, INDIANA Lql~LS~der, President Pr~Tempore .'~R.o~eall "~ ~ N.L. ~le ' ~ N Wa~e Wilson ~~~ erk Treasurer Presented by me to the Mayor of the City of Cannel, Indiana, this 4~ day of L I)L~J,~ O'clock, ~.M. Diana L. Cordray, IAIv 2003, at erk-Treasurer Approved by me, Mayor of the City of Carmel, Indiana, thi~day of 10 ~ O'clock, /t~ . M. J~a(nes Brainard, Mayor ATTEST: Dian~k-Treasurer 2003, at Council Resolution No. CC-07-21-03 -01 Page Two of Two Pages Prepared by Douglas C. Haney, Cam~el City Attorney 2