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O <br />SEE <br />COUNTY <br />Committed Today <br />for a Better Tomorrow <br />LEE COUNTY BOARD OF COMMISSIONERS <br />ITEM ABSTRACT ITEM NO. I. D. <br />_ Information <br />Meeting Date: December 6, 2010 XX Action Item <br />Consent Agenda <br />SUBJECT Annual Examination of Official Bonds <br />DEPARTMENT Administration /Legal <br />CONTACT PERSON Marilyn McKinney, Risk Management Specialist <br />K. R. Hoyle, County Attorney <br />is REQUEST Approval of Official Bonds <br />SUMMARY Each year at the first meeting in December, the Board must approve <br />official bonds for the following employees: <br />• Sheriff ($25,000) <br />• Register of Deeds ($50,000) <br />• Every other officer for the county who is required by law to <br />give a bond for the faithful performance of his /her duties, <br />which in our case are the following: <br />1. Tax Administrator ($100,000) <br />2. Finance Officer ($100,000) <br />3. Any employee who handles $100.00 or more at any one <br />time. <br />BUDGET IMPACT N/A <br />ATTACHMENT(S) (1) E -mail from Marsh reference bond information <br />(2) Schedule of Coverage and Limits <br />PUBLIC HEARING No <br />PRIOR BOARD ACTION N/A <br />RECOMMENDATION Approve bonds as presented <br />O <br />