(a) (1) The following city officers shall each, before entering upon the duties of his or her office, give a good and sufficient corporate surety bond to the city.
(2) The bond shall be in the following amount, to wit:
(A) City Treasurer: $10,000;
(B) City Clerk: $10,000;
(C) Clerk of Municipal Court: $1,000; and
(D) Judge of Municipal Court: $1,000.
(b) The Governing Body may provide for the coverage by blanket bond of such officers and employees and in such amounts as the Governing Body may, by resolution, designate.