The official surety bond of the Finance Director and the Assistant Director of Finance is fixed at ten thousand dollars ($10,000) separately which is ordered procured and the premium therefor shall be paid by the City. A blanket surety bond is also ordered to protect the City in case of default by any other City employee, such bond being in the amount of twenty-five thousand dollars ($25,000) and the premium for which shall be paid for the City.
(Ord. 89-10. Passed 6-17-91.)