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HomeMy WebLinkAbout20043551 J Colorado Western Surety Company COUNTY TREASURER'S BOND (Colo. Rev. Stat. Ann. § 30-10-703) Bond No. 69815663 KNOW ALL PERSONS BY THESE PRESENTS: That we Donald D. Mueller , as Principal, and WESTERN SURETY COMPANY, a corporation authorized to do surety business in the State of Colorado, as Surety, are held and firmly bound unto the People of the State of Colorado, in the sum of not to exceed Two Hundred Fifty Thousand and no/100 DOLLARS ($ 250,000.00 ), for the payment of which well and truly to be made, we bind ourselves and our legal representatives, firmly by these presents. THE CONDITION of the above obligation is such that WHEREAS the Principal was elected to the office of County Treasurer of the County of Weld for the term beginning on the 1st day of November 2004 , and is required to give bond pursuant to Colo. Rev. Stat. Ann. § 30-10-703. NOW, THEREFORE, if the Principal and his/her deputy and all persons employed in said office shall • faithfully and promptly perform the duties of the office of County Treasurer, and if the Principal and his deputies shall pay or invest according to law, all money which comes into his/her hands as Treasurer, and render a just and true account when required by the Board of County Commissioners or by any provision of law, and deliver to his/her successor in office or any other person authorized by law to receive the same, all moneys, securities, books, papers and other things pertaining to or belonging to the office, then this obligation to be void; otherwise to remain in full force and effect. The Surety shall, in no event, be liable for any loss caused by the failure or insolvency of the depository in which the Principal or his/her deputies deposit any public funds, or for any loss arising out of the investment of such funds. • PROVIDED, this bond shall remain in force for the Principal's term of office ending on the 1st day of November , 2005 , and may be cancelled prior to expiration by the Surety by giving thirty (30) days' notice in writing to the Obligee at the address last known to the Surety, and the Surety shall be relieved of any further liability under this bond thirty (30) days after such notice is sent by First Class U.S. Mail. Regardless of the number of years this bond shall continue in force, the number of • claims made against this bond, and the number of premiums which shall be payable or paid, the Surety's total limit of liability shall not be cumulative from year to year or period to period, and in no event shall the Surety's total liability for all claims exceed the amount set forth above. Any revision of the bond amount shall not be cumulative. Dated this 22nd day of November 2004 my of Weld ' cipal , f By lt� WESTERN SURETY COMPANY, Surety By „C(12 j2 ¢ .Dahlstrom,Asst Sec.de/15O771 aerenda/a a 70Cd/ Form F5174 2004-3551 Hello