SUBJECT:
Request Approval of Renewal of Surety Bonds for Commissioners Curry, McClain and Stone and Approval of Payment for Premium for Surety Bonds for Incoming Commissioners Jeff Bairstow and Mike Crimi
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INITIATOR: |
DEPARTMENT: |
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Jennifer Clark, Executive Assistant |
Commission Office |
DESCRIPTION/BACKGROUND:
Surety Bonds for the following Commissioners are due for renewal for the length of time listed below:
Commissioner Curry - one (1) year, renewal date: November 17, 2026
Commissioner McClain - one (1) year, renewal date: November 20, 2026
Commissioner Stone - one (1) year, renewal date: November 9, 2026
Surety Bonds for Commissioner Bairstow and Commissioner Crimi are the same as the other Commissioners; $2,000 with an annual premium of $100.
BUDGET/IMPACT:
Neutral; expenditure of $500; $100 for each premium to King Risk Partners, LLC, as approved in the FY 2026-27 budget.
RECOMMENDED ACTION:
Motion to approve renewal of surety bonds for all Commissioners.