(A) Before entering upon the duties of their respective offices, the Mayor, each Commissioner and the Village Clerk shall execute bonds conditioned upon the faithful performance of their duties, with good and sufficient sureties approved by the Council, in the penal sum of $3,000.
(B) The Village Treasurer shall execute a bond conditioned upon the faithful performance of his or her duties in an amount as prescribed by statute.
(C) All bonds required by this section shall be filed as prescribed by statute.
(D) The Council may from time to time by ordinance designate and direct that additional officers and employees file bonds and may further designate the amount of the bonds.
(Prior Code, § 2.04.050)