(A) The following named city officials shall each, before entering upon the duties of their respective offices, give a good and sufficient surety company bond to the city, duly approved by the City Attorney, and conditioned upon the faithful performance and discharge of their respective duties, and for proper application and payment of all money or property coming into their hands by virtue of their offices, in the following amounts.
Finance Director | $500,000 |
Utilities Business Office Manager/ Deputy Finance Director | $500,000 |
Income Tax Commissioner | $500,000 |
(B) All other officials, administrators, and employees of the city shall be covered by a faithful performance blanket bond in the amount of $500,000.
(1980 Code, § 30.21) (Ord. 3073, passed 2-11-1974; Am. Ord. 7723, passed 12-17-2007)