When a loss of public funds, entrusted to the City Treasurer, City Clerk, or other public official of the city, results from fire, robbery, burglary, flood, or inability of a bank to refund public money lawfully in its possession belonging to the city, the City Council may release and discharge the Treasurer, Clerk, or other public official of the city from all personal liability to or demands of the city for the loss so created unless the loss resulted from his negligence or other wrongful act.
(R.C. § 131.18) (Ord. 23-1981, passed 7-6-81)