HomeMy WebLinkAbout2020-07-14 - Resolution No. 2020-13 RESOLUTION NO. 2020-13
RESOLUTION OF THE BOARD OF DIRECTORS
OF THE YORBA LINDA WATER DISTRICT
AMENDING SECTION 7.1. (F) OF THE BOARD OF DIRECTORS'
POLICIES AND PROCEDURES MANUAL REGARDING THE
PROVISION OF FAITHFUL PERFORMANCE BONDS
WHEREAS, the Board of Directors of the Yorba Linda Water District previously
adopted a Policies and Procedures Manual (Manual) by Resolution No.
18-06; and
WHEREAS, pursuant to Section 30545 of the California Water Code, Section 7.1 (F)
of the Manual requires specified officials and employees to provide a bond
to the District conditioned for the faithful performance of their duties; and
WHEREAS, in accordance with Section 53226.3. of the California Government Code,
the Board of Directors' desires to amend Section 7.1 (F) of the Manual to
allow the District to insure against losses caused by an officer or employee
of the District in lieu of providing a bond, resulting in cost-savings; and
WHEREAS, the amount of insurance coverage will give the same or greater protection
to the District that a bond would provide in indemnifying the District against
any loss caused by an officer or employee of the District.
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Yorba Linda
Water District as follows:
SECTION 1. That Section 7.1 (F) of the Board of Directors Policies and Procedures
Manual adopted by Resolution No. 18-06 be amended effective
immediately to read as follows:
The District shall insure against losses caused by an officer or employee
of the District in lieu of providing a bond or bonds. The amount and terms
of this insurance coverage shall be equivalent to the provisions specified
in the District's insurance policy for Crime Coverage — Public Employee
Theft.
Resolution No.2020-13 Amending Section 7.1.(F)of the Board of Directors'Policies and Procedures Manual 1 of 2
PASSED AND ADOPTED this 14th day of July 2020 by the following called vote:
AYES: Directors Hall, Hawkins, Jones, Miller, and Nederhood
NOES: None
ABSTAIN: None
ABSENT: None
Phil Hawkins, President
Yorba Linda Water District
ATTEST:
Annie Alexander, Board Secretary
Yorba Linda Water District
Reviewed as to form by General Counsel:
Andrew B. Gdgen, Esq.
Kidman Gagen Law LLP
Resolution No.2020-13 Amending Section 7.1.(F)of the Board of Directors'Policies and Procedures Manual 2 of 2