252.01 SURETY BONDS.
   In accordance with Section 9.02 of the City Charter, all employees of the City whose duties require them to handle or be concerned with the management of its money or other property shall furnish to the Clerk of Council a corporate surety bond issued by a company authorized to do business in Ohio, to protect the City against loss due to their acts. The premiums of such bonds shall be paid from the funds of the Municipality. Such bonds shall be in the amount of five thousand dollars ($5,000.00) each. All other officers or employees shall be covered by a two thousand five hundred dollar ($2,500.00) blanket bond.
(Ord. 72-35. Passed 11-14-72.)