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~U TH :"cry <br />~~\ <br />~~ <br />~; <br />~, <br />x <br />`~r~~~`,~;'~a ~' City of South Bend <br />,,~?, '~ rf',`' Jo.cph k:. Kcrnan. Mayor <br />1865 _;;,:~' <br />Department of Administration and Finance <br />Kevin C. Horton <br />Mr. Roland Kelly, President <br />South Bend Common Council <br />4th Floor, County-City Building <br />South Bend, IN 46601 <br />November 4, 1996 <br />Re: An Ordinance of the Common Council of the City of <br />South Bend, Indiana, Authorizing the Purchase of a <br />Blanket Employee Dishonesty Policy of Insurance to <br />Cover All Officers, Employees, Commission Members, <br />and persons Acting on Behalf of the City of South <br />Bend <br />Dear Mr. Kelly: <br />I am attaching the above-referenced ordinance for filing. This <br />ordinance authorizes the elimination of public officials surety bonds for <br />thirty-eight (38) public officials in favor of a blanket bond insuring <br />the faithful performance of these officials. The elimination of the <br />individual surety bonds will result in a savings of approximately $1,946 <br />in annual insurance premiums and provide a higher level of loss <br />prevention coverage. <br />Your favorable consideration is requested. <br />KCH/jl <br />Filed in ~lerit's Office <br />r~ov ~ ~ isss <br />t.oat:rrnJ. auaa <br />ctnr ct.~s35t, so. cotta, ra. <br />Sincerely, <br />n ~~ <br />Kevin C. /Horton <br />City Controller <br />County-City Building • South Bend, Indiana 46601 • 219/235-9216 Fax 219!235-9928 <br />Catherine A. Hubbard Jeffrey A. Rinard Isabel Gonzalez Ronalda Minnis <br />Director Human Resources Finance Director Safety & Risk Manager Benefits Manager <br />