(A) The following officers and employees shall each give bond for their respective offices with good and sufficient sureties or a surety bond to be approved by the Mayor and Council in sums as follows:
Clerk $500
Councilmembers 2,000
Treasurer 25,000
Provided, the Mayor and Council, by resolution, may require the Treasurer, if they deem it advisable, to give additional bond equal to double the amount of money passing through his or her hands.
(B) The Mayor and Council may require a bond from any other officer or employee conditioned in such sum as they may by resolution designate. The premium, if any, on all bonds required by this section, if surety bonds be given, shall be paid out of the General Fund, or such other funds of the city as the Mayor and Council shall designate. The bonds of all officers and employees required by law to be given shall be filed with and remain in the custody of the Clerk; provided, the bond of the Clerk shall be filed with and remain in the custody of the Treasurer.
(Prior Code, § 33.30)