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HomeMy WebLinkAbout1980-05-28 190 AH RESOLVE190 AS Introduced by Councilor Haldacci, Hay 28, 1980 CITY OF BANGOR (TITLE.) �RrWlb¢, guarantee of Unagployoumt.Costs Incurred. bby the By the City CsmnsUalthe City of Beeper: BBBOLVBD, THAT the Bangor City Council, acting on behalf of the City of - Bangor, does hereby guarantee payment of any unemployment costa incurred by the Bangor public Library under the State of Maine Employment Security Law, 26 H.R.S.A. §§ 1041 at seq. Statement of Fact: The Bangor public Library is technically a separate non-profit corporation. For this z though it is Subsidized by the City, it does not enjoy completeaexp[ion from the employer bonding requirements under the State of Mine Employment Security statute. The Employment Security Commission has agreed to waive the requirement of a bond or other security for the Library if the City of Bangor will guarantee payment of unemployment costs incurred by the Library. Such guarantee would became operative only on default by. the Library of its obligation under the Act. The purpose of this Resolve is to formalize the City's guarantee of such coats. 190 Ah In City CoureLl May 28Q1980 Passed 5 0 L Y 8 .080 NAY 19 Fl2 20 Guars ee oz uamPloyment LOSES Incurred RLCENEO CITY CLERK C ty Clerk By the Bangor Public Library CITY OF BANGV