City of Bradford, PA
Mckean County
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Table of Contents
Table of Contents
[HISTORY: Adopted by the City Council of the City of Bradford 1-10-1968 as Ord. No. 2790. Amendments noted where applicable.]
The City Treasurer of the City of Bradford shall furnish a fidelity bond for the use of the City of Bradford, the County of McKean, the Institution District of the County of McKean and the Bradford Area School District in the sum of five hundred thousand dollars ($500,000.) conditioned for the accounting for and paying over of all moneys received by him in his capacity as City Treasurer and the safekeeping and payment over of all public moneys entrusted to his care and that as Tax Collector of the city, county, institution district and school taxes he shall account for and pay over all moneys received by him as taxes, penalties and interest.
The City Treasurer shall, in addition, furnish insurance in the sum of twenty-five thousand dollars ($25,000.) as protection against any and all losses of said funds through fire, burglary, larceny, theft, robbery or forgery.
The bond and insurance shall be subject to the approval of City Council.