1. Salaries.
(A) Council shall establish, by Ordinance, or amend as necessary, the salary and compensation of the Mayor, Council and all officers and employees of the City.
(B) An Ordinance providing for any compensation received by the Mayor or Council shall be read three (3) times and not be passed as an emergency or urgent legislation.
(C) Council may not amend its compensation later than thirty (30) days before the time for filing nominating petitions for a Council term. Such an amendment shall be effective for all Council persons on January 1, following the next regular Council election, two (2) years thereafter.
2. Bonds.
Council may require any officer or employee to be bonded for the faithful performance of duties.