SK RESOLUTION For Fidelity Bond
SK RESOLUTION For Fidelity Bond
SK RESOLUTION For Fidelity Bond
RESOLUTION NO. 05
Series of 2023
WHEREAS, the SK Treasurer plays a crucial role in the handling and management of the
council's finances, which necessitates measures to ensure transparency and security in financial
transactions;
1. That the SK Council acknowledges the necessity and importance of securing a fidelity
bond for the SK Treasurer to ensure the protection of the council's financial interests.
2. That the SK Chairperson and SK Treasurer are hereby authorized and directed to
undertake all necessary actions and expedite the process of obtaining a fidelity bond for
the SK Treasurer.
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3. That the SK Chairperson and SK Treasurer shall coordinate with relevant authorities,
financial institutions, or insurance providers to promptly initiate and complete the fidelity
bond application process.
4. That the SK Council expresses its full support and commitment to ensuring the
expeditious processing of the fidelity bond for the SK Treasurer, in line with its
dedication to transparency and responsible financial management.
RESOLVED FINALLY, that copies of this resolution be furnished to the concerned offices
for their information and appropriate action.
HON. JOHN
WEBSTER B. ECHAGUE
SK Chairperson
/Presiding Officer
ATTESTED:
CONFORME:
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SIGNED:
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