The Homecroft town council authorizes and approves the purchase of a blanket bond for the year 2018 and thereafter that: (1) is endorsed to include faithful performance to cover the faithful performance of the town officers, employees, and contractors, including the duty to comply with IC 35-44.1-1-1 and the duty to account properly for all monies and property received by virtue of the officer’s, employee’s, or contractor’s service in the office or position; and (2) includes aggregate coverage sufficient to provide coverage amounts specified for all town officials, employees, and persons acting on behalf of the town of Homecroft, Indiana, including the officers, employees, and contractors set out in IC 5-4-1-18(a) who are required to file a bond under IC 5-4-1. [Amended during 2020 recodification; Ord. 18-01, 2019.]