The administrator shall before entering upon the duties of his office, give good and sufficient corporate surety bond to the city in such amount as required by the city council and in form as shall be approved by the city attorney, and as required by any law of the state, or of the city. Such bond shall be conditioned upon the faithful performance and discharge of his duties, and for proper application and payment of all money or property coming into his hands by virtue of his office. A general bond or "crime bond" covering more than one officer or employee of the city shall suffice if it meets the requirements set forth in this section. The premium for such bond shall be paid by the city.
(Ord. 803-2012 §3, 2012: Ord. 429 § 1(part), 1983).