225931ORIGINAd TO CITY CLERK / ' ,J_ 1
CITY OF ST. PAUL COUNCIL NO F�
OFFICE OF THE CITY CLERK FILE
C CIL RESOLUTION - GENERAL FORM
PRESENTED BY
COMMISSIONE 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, Department of Public
Works, 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.
COUNCILMEN
Yeas
Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
10M e-6s
NOV 1 1 1965
Adopted by the Council 19-
t4OV 17 1965
Approved 19—
Tn Favor
Mayor
V Against
RWMh o NOV 20 ft
DUPLICA7 TO PRINTER
CITY OF ST. PAUL COUNCIL NO
OFFICE OF THE CITY CLERK
COUNCIL RESOLUTION — GENERAL FORM
PRESENTED BY
COMMISSIONER 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, Department of Public
Works, as obligee, and the Seaboard Surety Company, as surety
thereono a copy of said bond being attached hereto, marked
Exhibit "A ", and incorporated herein by reference.
COUNCILMEN
Yeas
Nays
Dalglish
Holland
Loss
Meredith
Peterson
Rosen
Mr. President, Vavoulis
10M 0-as
NOV 17 1965
Adopted by the Council 19—
NOV 17 1865
Approved 19—
TT3 Favor
(� Mayor
Against
PUBLIC EMPLOYEES BLANKET BOND
s Revised to May, 1958
SEABOARD SURETY COMPANY
HOME OFFICE: NEW YORK 38. N. Y.
(A Stock Company, herein called Surety)
DECLARATIONS
Item 1. Name of Obligee: CITY OF ST, PAUL, MINNESOTA
Item 2. Name of Insured: DEPARTMENT OF PUBLIC WORKS
V
Item 3. Bond Period: from the beginning of the 21st day of October, 1965
(MONTH. DAY. YEAR)
to 12 o'clock night on the effective date of the cancelation or ter ir�a orrof this Bond as
an entirety. namely the 21st day of October, 1968. f Z'T
Item 4.
Table of Limits of Liability:
Insuring
Agreement
1 Honesty
Blanket Bond Coverage $
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 S. 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.
Sign;c"') and dated this 22nd day of ctober, - 65
Attest: .• SE BO , D SURETY COMPANY
Susanne Bocc o
Countersigned at_Sf:,. Pa_u1, _ Minnesota By;
S; 7�}1 �• /ti�� Attorney -irl -Fact.
J. F. EAGER,
By. J Z t• ' �Y -�.
T. C . , Field, III - Resident Registered Agent.
PUBLIC EMPLOYEES BLANKET BOND
SEABOARD
Bond No. 673904
Obligee CITY OF ST. PAUL, MINNESOTA
Insured DEPARTMENT OF PUBLIC WORKS
SURETY
COMPANY
N „ a i /
The Surety, in consideration of the payment of the premium, and subject to the Declarations made
a part hereof, the General Agreement, Conditions and Limitations and other terms of this Bond, agrees,
in accordance with such of the Insuring Agreements hereof as are specifically designilted by the insertion
of an amount of indemnity in the Table of Limits of Liability, to indemnify the Obligee for the use and
benefit of the Insured for:
INSURING AGREEMENTS
Honesty Blanket Bond Coverage
1. Loss sustained by the Insured through any fraudulent or dishonest act.or acts committed by any of the Employees, acting
alone or In collusion with others, during the Bond Period, to an amount not exceeding in the aggregate the amount stated in the
Table of Limits of Liability applicable to this Insuring Agreement 1.
Honesty Blanket Position Bond Coverage
2. -Loss sustained by the Insured through any fraudulent or dishonest act of acts committed by any of the Employees acting
alone or in collusion with others, during the Bond Period, the amount of indemnity on each of such Employees being the amount
stated in the Table of Limits of Liability applicable to this Insuring Agreement 2.
Faithful Performance Blanket Bond Coverage
3. Loss caused to the Insured through the failure of any of the Employees, acting alone or in collusion with others, to perform
faithfully his duties or to account properly for all monies and property received by virtue of his position or employment during
the Bond Period to an amount not exceeding in the aggregate the amount stated in the Table of Limits of Liability applicable
to this Insuring Agreement 3.
Faithful Performance Blanket Position Bond Coverage
4. Loss caused to the Insured through the failure of any of the Employees, acting alone or in collusion with others, to perform
faithfully his duties or to account properly for all monies and property received by virtue of his position or employment during
the Bond Period, the amount of indemnity on each of such Employees being the amount stated in the Table of Limits of Liability
applicable to this Insuring Agreement 4.
GENERAL AGREEMENT
Loss Under Prior Bond
If the coverage of an Insuring Agreement of this Bond is substituted for any prior bond carried by the Insured or by,any pred-
ecessor in interest of the Insured which prior bond is terminated, canceled or allowed to expire as of the time of such substitution,
the Surety agrees that such Insuring Agreement applies to loss sustained by, or caused to, the Insured, as the case may be, prior to
or during the Bond Period, provided that such loss is discovered after the beginning of the Bond Period and prior to the expiration
of three years from the cancelation of this Bond as an entirety and that such loss would have been recoverable by the Insured or
such predecessor under such prior bond except for the fact that the time within which to bring suit, action or proceeding of any kind
thereunder had expired, and provided further:
(1) the indemnity afforded by this General Agreement shall be a part of and not, in addition to the amount of coverage afforded
by the applicable Insuring Agreement of this Bond; and
(2) such loss would have been covered under such Ensuring Agreement had such Insuring Agreement with its agreements, con-
ditions and limitations as of the time of such substitution been in force when the acts or defaults causing such loss were
committed; and
(3) recovery under such Insuring Agreement on account of such loss shall in no event exceed the amount which would have
been recoverable under such Insuring Agreement in the amount for which it is written as of the time of such substitution,
had such Insuring Agreement been in force when such acts or defaults were committed, or the amount which would have
been recoverable under such prior bond had such prior bond continued in force until the discovery of such loss if the latter
amount be smaller.
THE FOREGOING INSURING AGREEMENTS AND GENERAL AGREEMENT ARE SUBJECT
TO THE FOLLOWING CONDITIONS AND LIMITATIONS:
DEFINITIONS
Section 1. The following terms, as used in this Bond, shall
have the respective meanings stated in this Section:
"Employee" as used in Insuring Agreements 1 and 2
means a person while in the employ of the Insured during
the Bond Period who is not required by law to give bond
conditioned for the faithful performance of his duties and
who is a member of the staff or personnel of the Insured
but does not mean any Treasurer or Tax Collector by what-
ever title known.
"Employee" as used in Insuring Agreements 3 and 4
means a person while in the employ of the Insured during
the Bond Period who is not required by law to furnish
an Individual Bond to,qualify for office and who is a member
of the staff or personnel of the Insured but does not mean
any Treasurer or Tax Collector by whatever title known.
UNIDENTIFIABLE EMPLOYEE
Section 2. In case a loss is alleged to have been caused
to the Insured through acts or defaults by an Employee cov-
ered under an applicable Insuring Agreement of this Bond,
while such Insuring Agreement is in full force and effect and
the Insured shall be unable to designate the specific Employee
causing such loss, the Insured shall nevertheless have the
benefit of such Insuring 'Agreement provided that the evidence
submitted reasonably establishes that the loss was in fact
caused by such Employee through such acts or defaults and
provided, further, that regardless of the number of such Em-
ployees concerned or implicated in such loss, the aggregate
liability of the Surety for any such loss shall not exceed the
amount stated in Item 4 of the Declarations applicable to such
Insuring Agreement.
EXCLUSION
Section 3. This Bond does not cover any loss sustained by,
or caused to, the Insured under circumstances whereby and to
the amount which the Obligee or the Insured voluntarily under-
takes or is obligated by law to exonerate or indemnify any of
the Employees against liability incurred by them in the perform-
ance of their duties.
LIMITS OF LIABILITY
Section 4. Indemnification by the Surety for any loss under
Insuring Agreement 1 or 3 shall not reduce the Surety's liability
for other losses under the applicable Insuring Agreement,
whenever sustained; provided, however, that the Surety's total
liability under each such Insuring Agreement for any loss caused
by any Employee or in which such Employee is concerned or
implicated is limited to the applicable amount of indemnity
specified in the Table of Limits of Liability.
Indemnification, by the Surety for any loss under Insuring
Agreement 2 or 4 shall not reduce the Surety's liability for
other losses under the applicable Insuring Agreement, when-
ever sustained; provided, however, the Surety's total liability
under each such Insuring Agreement as to each Employee is
limited to the applicable amount of indemnity specified in the
Table of Limits of Liability.
Regardless of the number of years this Bond shall continue
in force and the number of premiums which shall be payable
or paid, the limit of the Surety's liability as specified in the
Table of Limits of Liability shall not be cumulative from year
to year or period to period.
LIMIT OF LIABILITY UNDER THIS BOND
AND ANY PRIOR BOND
Section 5. With respect to loss under Insuring ,Agreement
1 or 3 caused by any Employee or in which such Employee is
concerned or implicated or which is chargeable to such Em-
ployee as provided in Section 2 of this Bond and with respect
to loss under Insuring Agreement 2 or 4 caused by any Em-
ployee or which is chargeable to such Employee as provided in
Section 2 of this Bond and with respect to loss under any
Insuring Agreement which occurs partly during the Bond Period
and partly during the period of other bonds Issued by the Surety
to the Insured or to any predecessor in interest of the Insured
and terminated or canceled or allowed to expire and in which the
period specified therein for -bringing suit, action or proceeding
of any kind, or if no such period is specified therein, then within
the period prescribed by the applicable statute of limitations, has
not expired at the time such loss thereunder is discovered,
the total liability of the Surety under this Bond and under such
other bonds shall not exceed, in the aggregate, the amount
carried under the applicable Insuring Agreement of this Bond
on such loss or the amount available to the Insured under such
other bonds, as limited by the terms and conditions thereof,
for any such loss if the latter amount be larger.
CANCELATION
Section b. 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 rfiade 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.
1