163.01 SURETY BONDS REQUIRED.
   The persons holding the following positions shall furnish to the Council Clerk a corporate surety bond in at least the amounts designated for each such position. The amount of any premium shall be paid by the City.
Minimum Bond
City Manager
$10,000.00
Mayor
2,500.00
Director of Finance
20,000.00
Assistant Director of Finance
20,000.00
Members of Police
2,500.00 each
Building Official
2,500.00
Bookkeeper-Cashier, Division of Income Taxation
20,000.00
Director of Utilities
5,000.00
All other City employees
2,500.00
   The surety bond required for all of the above positions may, at the option of the City Manager, be included in a blanket corporate surety bond in at least the combined total of all the individual bonds set forth above.
(Ord. 2023-23. Passed 8-22-23.)