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I\7ovember 29, 2012 (Special Meeting) Page 1307 <br />White: And then if you can talk about, and I guess we've just kind of been <br />talking around it and somewhat defining it, the next one "...or in the security <br />thereof...". <br />Koch: Well that was the one that - that seemed to be less precisely defined <br />and because of the way it was worded, and this is a very old statute, I'm <br />looking at the history on it- <br />White: 1879 <br />Koch: Well the first iteration of it was 1869 and then it was apparently <br />amended in 1879, in some fashion, but that language is a little bit archaic <br />compared with the way that we express and draft statutes these days. So it's <br />sometimes hard to really know what they were saying. And it was for that <br />reason that I pitched the matter to Professor Szypszak because I wanted to <br />get his take on what he thought that meant. And based on his opinion, that I <br />read to you, and in my own it seemed to encompass being satisfied that the - <br />that there wasn't any other type of problem with the bond - that it would be <br />there (inaudible) without any reservations, without any conditions, <br />throughout the term of the office and the term of the bond. I consider it to <br />be a very broad and inclusive word, "security ", to make sure that the county <br />is protected and that the commissioners are protected, that if there is a <br />claim made against that bond, that they won't be any push back or issue <br />raised by the bonding company as to the propriety of that bond and that they <br />will stand good for it and that they won't be making any claim that either <br />the county or any individual commissioner had done something or failed to do <br />something that would have affected their obligation to stand behind that <br />bond. That's how - that's how I interpreted it and I think that's consistent <br />with Professor Szypszak's opinion as well. <br />White: That's all the questions I have right now. <br />Poole: Anybody? Do you have a question? <br />Measmer: Going back to one of the things that was discussed earlier by <br />Commissioner White. So if we fail to approve this bond today, then <br />essentially, next week we'll have a register of deeds office that cannot <br />conduct business, is that correct? <br />Koch: No, contrary, I think that the existing register would essentially <br />hold over and continue on under the existing bond. <br />Measmer: So there's no - the existing bond is not due to expire? <br />Koch: The existing bond is due to expire, but it can be extended - to cover <br />that kind of situation. And Tony, I believe, has some additional information <br />on that. <br />Harris: The bond is currently, it automatically renewed for this term and <br />once we have a final decision we can let them know to cancel it. So, there <br />won't be a lapse. <br />White: I want to make it clear, with what Commissioner Measmer asked, when <br />you say it automatically renewed, it automatically renewed for Mrs. McAbee. <br />Harris: Yes. <br />White: Okay. That's - that's what I want to make certain. And even though <br />Ms. McAbee has ret- has she - when is the official resignation date, <br />retirement, excuse me. So even if she is retired, her office is still <br />bonded, because that's what I read the bond as here - not only are - not only <br />is the bonding company bonding the register of deeds but also the deputy <br />register of - the deputy registrar, so whoever the deputy is would cover that <br />- would stand in that position of being bonded. <br />Harris: We also have a blanket bond to cover the deputies and the <br />assistants, so that's how we take care of that. <br />White: Okay. That's all I wanted to - <br />Koch: And the statute covers that as well on the holdover period, would <br />cover the deputies and assistants. <br />White: I didn't mean to interrupt, Commissioner Measmer, I just wanted to <br />make certain. <br />Carruth: That brought me to another question when you said that. If we have <br />a blanket bond for the assistant and deputy of the register of deeds, <br />(inaudible) of course we won't have a new bond for that until we've appointed <br />another register of deeds, so if Mr. Small takes office and he appoints <br />those, they would have to be approved as well by the bonding company. <br />Harris: We have a Fidelity blanket bond for all the employees. It's built <br />into - <br />Carruth: Okay. Thanks. <br />Poole: Any other questions of Rich? And you can ask more if they come up - <br />that's fine - I just wanted to kinda make sure we were, you know, going with <br />him first. <br />Burrage: So regardless of what happens next week, the register of deeds <br />office will be open, correct? <br />Koch: Yes, sir. <br />Burrage: Now where it says here, Commissioner White brought up this 58 -72- <br />60, where it says "...which he knows to be," now there's gotta be something <br />that you have to know before voting for the bond. I don't know any reason <br />not to vote for it, but if this is the case to where we're responsible for <br />everybody we bond, I don't know why we vote to bond anybody. <br />