226550ORIGINAL TO CITY CLERK �2 50
• CITY OF ST. PAUL COUNCIL NO.
OFFICE OF THE CITY CLERK FILE
C NCIL RESOLUTION - GENERAL FORM
PRESENTED BY \
:OMMISSIONE DATE
RESOLVED, That the Council of the City of Saint Paul
hereby authorizes and ratifies Public Employees Blanket Bond
with the City of Saint Paul, Minnesota, Purchasing Department
as obligee and the Seaboard.Surety Company as surety thereon,
a copy of said bond being attached hereto, marked Exhibit "All,
and incorporated herein by reference ; further, that the premium
for said bond, in the sum of $155.00, shall be payable and is
authorized to be paid out of Purchasing Department Activity Fund
0650 -261.
FOR PROVED /
Asst. Corpora ton Counsel
COUNCILMEN
Yeas Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
ions a62
Tn Favor
GAgainst
Adopted by the Council- 19—
PUBLISHED JAN 81968
DUPLICATE TO PRINTER
CITY OF ST. PAUL FIOFNCIL NO
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION -- GENERAL FORM
PRESENTED BY
COMMISSIONER DATE
225550
RESOLVED, That the Council of the City of Saint Paul
hereby authorizes and ratifies Public Employees Blanket Bond
with the City of Saint Paul, Minnesota, Purchasing Department
as obligee and the Seaboard Surety Company as surety thereon,
a copy of said bond being attached hereto, marked Exhibit "A ",
and incorporated herein by reference ; further, that the premium
for said bond, in the sum of X155.00, shall be payable and is
authorized to be paid out of Purchasing Department Activity Fund
0650 -261.
JJW 4
COUNCILMEN Adopted by the Council 19—
Yeas Nays
Dalglish 4 46
Holland Approval 19—
Los s Favor
Meredith
Peterson Against yor
.�IlBt
Rosen
Mr. President, Vavoulis
ions 6.0
PUB_ LIC' EMPLOYEES BLANKET BOND
Revised tb May, 1958
- 226550
SEABOARD SURETY COMPANY
HOME OFFICE: NEW YORK 38, N. Y.
DECLARATIONS
(A Stock Company, herein called Surety)
-
Item 1. Name of Obligee: CITY OF ST. PAUL, MINNESOTA
Item 2. Name of Insured: DEPARTMENT OF PURCHASES, CITY OF ST. PAUL, MINNESOTA
Item 4. Table of Limits of Liability:
Insuring Agreement I, Honesty Blanket Bond Coverage $ NIL
Insuring Agreement 2 Honesty Blanket Position Bond Coverage $ NIL
Insuring Agreement 3 Faithful Performance' Blanket Bond Coverage $ NIL
Insuring Agreement 4 Faithful Performance Blanket Position Bond Coverage $ 2,500.00
Item 5. The liability'of the Surety is subject ,to the terms of the following riders attached hereto:
.
'None
Item 6. The Obligee and the Insured by the acceptance of this Bond give notice to Surety terminating
or canceling prior bond(s) No.(s)• - •
' such termination or cancelation to be effective as of the time this Bond becomes effective.
Signed, sealed and dated this - 30th day of N61re1mber, 19 65
Attest: ��,ir, ei��t�d SE B R SURETY COMPANY
Susanne Boccio /
Countersigned at St. Paul, Minnesota By:-
J. F. EAGER
/ , Attorney -in -Fact:
By
T. C. Field, III Resident Regisfered Agent. '
s
PUBLIC EMPLOYEES BLANKET BOND
SEABOARD
c Bond No. 673918 SURETY
Obligee CITY OF ST. PAUL, MINNESOTA - COMPANY
Insured DEPARTMENT OF PURCHASES, CITY OF ST. PAUL, MINNESOTA
SD 5655 Printed in U.S.A.
HOME OFFICE: NEW YORK 38, N. Y.
first day of December,
Item 3. Bond Period:
from the beginning of
the
to '12 o'clock
night on the effective
date
of the cancelation TorDAtermination of this Bond as ,
an entirety.,,
namely the first
day
of December, 1968.
Item 4. Table of Limits of Liability:
Insuring Agreement I, Honesty Blanket Bond Coverage $ NIL
Insuring Agreement 2 Honesty Blanket Position Bond Coverage $ NIL
Insuring Agreement 3 Faithful Performance' Blanket Bond Coverage $ NIL
Insuring Agreement 4 Faithful Performance Blanket Position Bond Coverage $ 2,500.00
Item 5. The liability'of the Surety is subject ,to the terms of the following riders attached hereto:
.
'None
Item 6. The Obligee and the Insured by the acceptance of this Bond give notice to Surety terminating
or canceling prior bond(s) No.(s)• - •
' such termination or cancelation to be effective as of the time this Bond becomes effective.
Signed, sealed and dated this - 30th day of N61re1mber, 19 65
Attest: ��,ir, ei��t�d SE B R SURETY COMPANY
Susanne Boccio /
Countersigned at St. Paul, Minnesota By:-
J. F. EAGER
/ , Attorney -in -Fact:
By
T. C. Field, III Resident Regisfered Agent. '
s
PUBLIC EMPLOYEES BLANKET BOND
SEABOARD
c Bond No. 673918 SURETY
Obligee CITY OF ST. PAUL, MINNESOTA - COMPANY
Insured DEPARTMENT OF PURCHASES, CITY OF ST. PAUL, MINNESOTA
SD 5655 Printed in U.S.A.
HOME OFFICE: NEW YORK 38, N. Y.
tall
• CANCELATION
Section 6. This Bond shall be deemed canceled as to any
Employee:
(a) Immediately upon discovery by the Obligee or the Insured
of any act on the part of such Employee which would
constitute a liability of the Surety under the applicable
Insuring Agreement covering such Employee;
(b) Upon the death, resignation or removal of such Em-
ployee; or
(c) At 12 o'clock night upon the effective date specified
in a written notice mailed to the Obligee and the In-
sured. Such date shall be not less than thirty -days after
the date of mailing. The mailing by the Surety of
notice as aforesaid to the Obligee and the Insured shall
be sufficient proof of notice. Delivery of such written
notice by the Surety shall be equivalent to mailing.
This Bond may be canceled by the Obligee or the Insured by
mailing to the Surety written notice stating when thereafter the
cancelation shall be effective. This Bond may be canceled by
the Surety by mailing to the Obligee and the Insured written
notice stating when, not less than thirty days thereafter, such
cancelation shall be effective. The mailing of notice as afore-
said shall be sufficent proof of notice. Delivery of such written
notice either by the Obligee or the Insured or by the Surety
shall be equivalent to mailing. If the Obligee or the Insured
cancels, earned premium shall be computed in accordance with
the customary short rate table and procedure. If the Surety
cancels, earned premium shall be computed pro rata. Premium
adjustments may be made at the time cancelation is effective
or as soon as practicable after cancelation becomes effective,
but payment or tender of unearned premium is not a condition
of cancelation.
If any of the cancelation provisions set forth in either or
both of the foregoing paragraphs of this Section are prohibited
or made void by any law controlling the construction of this
Bond, such provisions to the extent they are so prohibited
or made void shall be deemed to be nullified and of no effect.
LEGAL PROCEEDINGS
Section 7. No suit, action or proceeding of any kind to
recover on account of loss under this Bond shall be brought
after the expiration of three years from the cancelation of this
Bond as an entirety provided, however, that if such limitation
for bringing suit, action or proceeding is prohibited or made
void by any law controlling the construction of this Bond, such
limitation shall be deemed to be amended so as to be equal
to the minimum period of the limitation permitted by such law.
In witness whereof, the Surety has caused this Bond to be executed on the Declarations page.
f/