A new law, effective this summer, requires some Fayetteville, North Carolina public officials to post surety bonds. Introduced in March 2015, House Bill 392 did not pass until June of this year with a July 1, 2016 effective date.

HB 392 continues the Fayetteville Public Works Commission, whose primary duty is to provide utility, water, and sewage treatment services to the city. The Commission’s members establish rates for these services and manage, supervise, and maintain utility plants. HB 392 designates term limits for the Commission’s four members, who are appointed by the City Council and by an ex officio, nonvoting member chosen by the mayor. Terms are for four years and members cannot serve more than two consecutive terms. Commission members must reside in the city of Fayetteville. In addition, the Commission appoints a general manager to oversee day-to-day utilities operations. Among other duties, the general manager can designate a Commission Clerk and chief financial officer, as well as determine the number of Commission employees needed, their duties, and their compensation.

Commission members are required to post surety bonds when beginning their term. The treasurer (currently Darsweil Rogers) must post a $50,000 bond, and all other members must post $25,000 surety bonds. These bonds ensure that the Commission performs their duties (detailed in HB 392) in accordance with North Carolina law. The City Council can remove a member with a two-thirds majority vote if they feel the member is neglecting his or her duties.

For more information about this surety bond, contact the City of Fayetteville. If you’re ready to purchase a North Carolina surety bond, contact the experts at SuretyBonds.com.