§ 150.08  DIRECTOR; BOND OF DIRECTOR.
   If a Director is employed as authorized by Section 5 of Act 197, being M.S.A. § 5.3010(5), he or she shall post bond in the penal sum of $5,000 as required by said section of said statutes, or shall be subject to such bond as is generally provided by the officers of the city.  The Director shall act as the Chief Executive Officer of the Authority.
(Ord. 180, passed 3-18-91)