All employees shall be covered by surety bonds for faithful performance and/or honesty in the amount of two thousand five hundred dollars ($2,500). The Finance Director shall be covered by a one hundred thousand dollar ($100,000) bond. The City Manager, Clerk of Council, Deputy Finance Director, and Account Clerks shall be covered by a fifty thousand dollar ($50,000) bond. All premiums for these bonds shall be paid by the Municipality.
(Ord. 21-20. Passed 6-7-21.)