Each of the following officers, before entering upon the duties of his office, shall execute a bond payable to the city in the penal sum of the amount hereinafter set opposite the title of the office, with good and sufficient sureties to be approved by the city council conditioned for the faithful performance of the duties of the office and the payment of all monies received by such officer:
City clerk.....$5,000.00
Comptroller.....$250,000.00
City treasurer.....$2,000,000.00
Mayor.....$10,000.00
Chief procurement officer.....$50,000.00
Officers who, by virtue of their office, are required or authorized to act in any other official capacity shall not be required to execute an additional bond before entering upon the duties of their respective offices ex officio.
(Prior code § 25-14; Amend Coun. J. 7-19-00, p. 38206, § 1; Amend Coun. J. 11-16-11, p. 13793, § 4; Amend Coun. J. 11-16-11, p. 13798, Art. I, § 2)