In the exercise of the general powers of the Town of Fayetteville, the Treasurer of the Commission, or the Treasurer of the Town of Fayetteville will serve as a combined office, shall furnish good and adequate bond conditioned upon the faithful performance of their duties and the paying over of all money coming into the hands of the Treasurer as required by the Commission by this article. Such bond shall be with a recognized surety company and in such amount as required by the Commission, and the premium on such bond shall be paid by the Commission from funds in its hands. (Passed 2-5-09.)