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Sheriff’s Bond
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INFORMATION CONTACT:
Mike Farrar, Security & Risk Management, Risk & Safety Program Manager, 704-283-3592
ACTION REQUESTED:
Approve the Sheriff’s Bond in the amount of $5,000.
PRIOR BOARD ACTIONS:
None.
BACKGROUND:
Certain elected positions are required by North Carolina General Statutes to furnish a bond. The Board of County Commissioners is responsible for taking and approving the official bond of the Sheriff. Individuals are responsible for furnishing such bonds. Union County has undertaken the responsibility of placement of these bonds. Bonds are placed by USI Insurance Services. The bond for the Sheriff is $5,000.
FINANCIAL IMPACT:
$325.00 for a four-year term bond (expiring December 2030).