(A) The County Council authorizes the County Auditor to purchase a blanket bond for the employees of each department that:
(1) Is endorsed to include the faithful performance of; and
(2) Includes aggregate coverage sufficient to provide the coverage amounts specified for all employees, Board of Commissioner members and persons acting on behalf of the county, including the Auditor, Treasurer, Recorder, Surveyor, Sheriff, Coroner, Assessor, Circuit Court Clerk and individuals who are employees or contractors of the county and whose official duties include receiving, processing, depositing, distributing or otherwise having access to funds that belong to the United States government, the state government, the county government or another governmental entity.
(B) Pursuant to I.C. 5-4-1-18(d), the County Council sets as the amount of bond for the County Auditor, Treasurer, Sheriff and Circuit Court Clerk to be in an amount equal to $30,000 for each $1,000,000 of receipts which each department or office received during the last complete fiscal year before the purchase of the bond, but in no case shall said bond be less than $30,000, nor more than $300,000.
(C) The bond shall also provide for fee recovery of reasonable audit and investigative expenses, if any, incurred by the State Board of Accounts.
(Council Ord. 01-13-2016, passed 1-13-2016)