TITLE
Title
FIX AND APPROVE BOND RATE FOR INTERIM FINANCE OFFICER (CFO)
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SPONSOR
Sponsor
Toy Beeninga, Deputy County Manager
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BACKGROUND
Background
Each year the Board reviews and approves the required faithful performance bonds for the following statutorily required designated positions: Sheriff, Tax Director (Tax Collector), Chief Financial Officer (Finance Director), and Register of Deeds. As result of the appointment of the County's newly designated Interim Finance Director, an amended bond is being presented to the board for approval pursuant to NC. Gen. Statute 159-29.
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BUDGET IMPACT
Budget Impact
NO ADDITIONAL COUNTY DOLLARS REQUIRED
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REQUESTED ACTION
Requested Action
In accordance with North Carolina Statutes, Approve and Fix bond rate for newly appointed Interim Finance Director,Kimberly Slusher, reflecting the $1,000,000 bond issued by Traveler's Insurance, in said amount.
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