Council shall fix the compensation of the Mayor, Members of Council, and each officer and employee, or member of any board or commission, of the Municipality, whether elected or appointed, except as specifically provided otherwise in this Charter.
Not less than one hundred twenty (120) days immediately preceding the date of the next municipal election, the compensation of the Mayor and each Member of Council shall be fixed for the next term, and shall not thereafter be changed with respect to such term.
The compensation of every other employee, and member of any board or commission, of the Municipality, as fixed by Council, may at any time be changed by resolution or ordinance at the discretion of Council.
Council may authorize the payment or reimbursement of expenses, incurred by any officer or employee, or member of any board or commission, of the Municipality, for traveling or other expenses incidental to the authorized furtherance of the interests of the Municipality.
The Mayor, Director of Finance, and such other officials or employees, or members of boards or commissions as Council may by resolution or ordinance require, shall give bond in such amount and with such surety as may be approved by Council. The premium on such bonds shall be paid by the Municipality.