Item O07BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date:January 20, 2016-MARDepartment:County Attorney
Bulk Item: Yes No XStaff Contact Person: Bob Shillinger 292-3470
AGENDA ITEM WORDING:
Semi-annual examination of public official bonds for County
Commissioners and Constitutional Officers pursuant to F. S. 137.05 and § 2-28 of the Monroe County
Code and finding that all current bonds and/or insurance policies are adequate.
ITEM BACKGROUND:
Florida Statute 137.05 requires that each of the 67 County Commissions
examine the sufficiency of the bonds for County officers in their respective Counties every January
and June. This statute affords eachCommission the discretion to determine if thecurrent bonds are
sufficient, and to require a new bond if the Board has reason to believe that any of the current bonds
have become impaired.
Under Ordinance No. 029-2013, which is now codified at § 2-28 of the County Code,the minimum
bond amounts are as follows:
a)Clerk of the Circuit Court$5,000
b)Sheriff$15,000
c)Tax Collector$50,000
d)Property Appraiser$10,000
e)County Commissioners$2,000
f)Supervisor of Elections$5,000
Section 2-28(2) authorizes the County Commission to waive the requirements for an officer to
purchase a bond if that officer purchases appropriate insurance coverage in excess of the required bond
amount.
The County currently maintains sufficient insurance coverage for its county commissioners to satisfy
the requirements of the ordinance. Documentation of coverage for all constitutional officers is
included in the attached agenda backup.
At this time, there is no evidence to suggest that any of the current bonds are impaired or are likely to
become impaired.
PREVIOUS RELEVANT BOCC ACTION:7
/17/13adopted Ordinance No. 029-2013.
CONTRACT/AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATIONS:Approvalof finding that the current bonds are adequate.
TOTAL COST:BUDGETED:
N/AYes No
COST TO COUNTY:SOURCE OF FUNDS:
N/A
REVENUE PRODUCING:AMOUNT PER MONTHYear____
Yes No
APPROVED BY:
County Atty XOMB/Purchasing Risk Management ____
DOCUMENTATION:
Included XNot Required_____
DISPOSITION:AGENDA ITEM #