(a) The following persons shall be bonded in the respective amounts indicated:
Officers | Bonds |
(1) Finance/Tax Director | $50,000 |
(2) Clerk of Courts | 10,000 |
(Ord. 7896-1993. Passed 12-21-93.)
(b) Effective January 1, 1966, all officers and employees of the City, not specifically required to furnish an individual bond, shall be covered by a blanket bond, which bond shall indemnify against losses through one of the following conditions:
(1) The failure of such officers and employees covered thereunder to faithfully perform their duties or to account properly for all moneys or property received by virtue of their positions or employment;
(2) Fraudulent or dishonest acts committed by the officers and employees covered thereunder.
Any such blanket bond shall be approved as to its form and sufficiency of the surety by the Solicitor. The premium of any such blanket bond shall be paid by the City as provided in Ohio R.C. 3929.17.
(Ord. 9333-2006. Passed 12-19-06; Ord. 9917-2014. Passed 6-3-14.)