File #: 18197    Version: 0 Name: surety bonds for the Public Administrator
Type: Resolution Status: Passed
File created: 6/17/2013 In control: Finance and Audit Committee
On agenda: 6/17/2013 Final action: 6/24/2013
Title: A RESOLUTION authorizing the County Executive to execute an Agreement of Indemnity with Zurich American Insurance Company, in support of surety bonds for the use and benefit of the Public Administrator in the performance of her statutory duties, at no additional cost to the County.
Sponsors: Theresa Garza Ruiz
Indexes: PUBLIC ADMINISTRATOR, SURETY BONDS
Attachments: 1. 18197adopt.pdf, 2. 18197AGMT.pdf
IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI

Title
A RESOLUTION authorizing the County Executive to execute an Agreement of Indemnity with Zurich American Insurance Company, in support of surety bonds for the use and benefit of the Public Administrator in the performance of her statutory duties, at no additional cost to the County.

Intro
RESOLUTION NO. 18197, June 17, 2013

INTRODUCED BY Theresa Garza Ruiz, County Legislator


Body
WHEREAS, section 473.730.2, RSMo provides that the County shall defend and indemnify the Public Administrator against any alleged breach of duty, within the scope of her fiduciary duties under the supervision of the Probate Court; and,

WHEREAS, the Public Administrator is required to obtain bonds for the assets of estates for which the Public Administrator serves as fiduciary as ordered by the Probate Court; and,

WHEREAS, due to the large volume of bonds requested, one of the three bond issuers has required that Jackson County execute an Indemnity Agreement; and,

WHEREAS, execution of the attached Agreement of Indemnity with Zurich American Insurance Company is in the best interests, health, safety and welfare of the citizens of Jackson County; now therefore,

BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County Executive is hereby authorized to execute the attached Agreement of Indemnity with Zurich American Insurance Company.

Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.

APPROVED AS TO FORM:


______________________________ ________________________________
Chief Deputy County Counselor County Counselor

Certificate of Passage

I hereby certify that the attached resolution, Resolution No. 18197 of June 17, 2013, was duly passed on June 24, 2013 by the Jackson County Legislature. The votes thereon were as follows:

Yeas 9 N...

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