(a) Pursuant to the authority granted Council in Ohio R.C. 731.13, the following officers and no others shall execute the following officers and no others shall execute the following individual bonds. These individual bonds shall supersede and take effect over and above any bonds already executed by these individuals and shall be in not less than the penal amount set forth opposite the title of their respective offices.
Fiscal Officer | $25,000.00 |
Clerk of Mayor’s Court | $10,000.00 |
(Ord. 2016-9-16. Passed 10-11-16.)
(b) Pursuant to Ohio Revised Code 3.06, all other officers, elected officials and employees of the Village may be covered by a blanket bond purchased by the Village in the penal amount of ten thousand dollars ($10,000) per person indemnifying the Village against loss occasioned by the failure of the officers and employees of the Village to faithfully perform their respective duties and against loss occasioned by the embezzlement or any other dishonest act by officers or employees of the Village.
(c) Each bond authorized by this section, upon its approval, shall be delivered to the Fiscal Officer who shall immediately record it in a record provided for that purpose, and file the same to preserve it in his or her office. The surety on each bond must be approved by the Mayor.
(Ord. 13-1998. Passed 6-10-98.)
(Ord. 13-1998. Passed 6-10-98.)