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Finance committee backs new 'faithful performance' bond; cost estimated at $636 per position
Pataskala City Council · February 17, 2026
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Summary
The finance committee recommended the city adopt a new faithful performance coverage bond (per changes in the Ohio Revised Code) to cover certain payroll penalties and related costs; estimated additional premium is $636 per position per year for two positions.
The finance committee reported it will prepare a resolution to purchase a 'faithful performance' coverage bond available through the city's insurer to comply with recent provisions of the Ohio Revised Code.
A committee…
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