(a) All employees and elected and appointed officers of the City, with the exception of the City Auditor, City Treasurer and members of Council, shall be covered under the provisions of the Public Employees' Blanket Bond in lieu of the execution of individual bonds conditioned upon the faithful performance of their offices and duties. (Ord. 2211. Passed 1-2-52.)
(b) The Public Employees' Blanket Bond shall be executed in favor of the City by a surety company authorized to issue surety and fidelity bonds in the State, and shall be in the amount of twenty-five hundred dollars ($2,500) for the Mayor, thirty-five hundred dollars ($3,500) for the Service-Safety Director, and twenty-five hundred dollars ($2,500) for each position or office held by an employee or officer of the City, other than those officials excepted by the provisions of subsection (a) hereof, and shall be approved by the Mayor and Law Director.
(Ord. 2212. Passed 1-15-52.)
(c) The Public Employees' Blanket Bond provided for herein shall be conditioned upon the faithful performance of the duties and offices of the individually covered officers and employees and upon the accounting for and paying over to the proper officer of the City all moneys and other property coming into the possession of the individually covered officer and employee and belonging to the City. (Ord. 2211. Passed 1-2-52.)
(d) Individual bonds conditioned upon the faithful performance of the duties and offices of the officers excepted by the coverage of the Public Employees' Blanket Bond by the provisions of subsection (a) hereof shall be executed by such officers with approved sureties in the amount of ten thousand dollars ($10,000) for the City Auditor and ten thousand dollars ($10,000) for the City Treasurer.