Legislation Details

File #: ID 24-3961    Version: 1 Name: Bond Approval
Type: Action Item Status: Passed
File created: 11/14/2024 In control: Board of Commissioners
On agenda: 12/2/2024 Final action: 12/2/2024
Title: Approval of Bonds for County Officials
Attachments: 1. Bonds for County Officials.pdf, 2. General Statute 58 72 50

 

Meeting Date:                     December 2, 2024

 

Title

Approval of Bonds for County Officials

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Summary:

summary

 

Rule 4 of Rutherford County’s Rules of Procedures states that the Board shall approve the bonds of the Sheriff and the Register of Deeds at the first meeting in December.  There are other bonds that must be approved for other county officials which will expire during the year.  These are also presented for the Board’s approval.

 

                     Public Official                     Amount                     Expiration Date

 

                     Finance Director                     $1,000,000                     08/13/2025

                     Finance Director (TDA)                     $  450,000                     08/13/2025

                     Finance Director (Airport)                     $    50,000                     08/13/2025

                     Finance Director (Transit)                     $    50,000                     08/13/2025

                     Social Services’ Director                     $  100,000                     10/31/2025

                     County Manager                     $  100,000                     09/01/2025

                     Sheriff                     $    10,000                     12/05/2026

                     Register of Deeds                     $    50,000                     12/05/2025

                     Revenue Director                     $  100,000                     01/14/2026

 

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Budget:

 

N/A

 

Contact Information:

 

Paula Roach, Finance Director

287-6348

paula.roach@rutherfordcountync.gov

 

Recommended Motion:

recommended action

 

Approve bonds for County Officials as presented