Question 11: Proposed Charter Amendment

Shall Section 13.05 of the Charter of the City of Bedford Heights be amended to permit the Director of Finance's bond requirement to be satisfied by one or more insurance or risk management policies or programs designed to protect the City
against loss caused by dishonest acts, theft, or failure to faithfully perform official duties, including, without limitation, a
Government Entity Crime Policy with a Faithful Performance of Duty endorsement, or any successor or substantially
equivalent form of coverage maintained by the City, in an amount not less than that otherwise required for the bond, so
long as such policy is maintained, in lieu of a separate surety bond?