SECTION 10.02.  OFFICIAL BONDS.
   All officers and employees of the Village, whose duties require them to handle municipal and other public money or property, shall furnish a corporate surety bond issued by a company authorized to do business in Ohio, to protect the Village against loss due to their acts. The amount of the bond in each case shall be determined by Council and the premium on such bonds shall be paid from the funds of the Village. All such bonds shall be filed with the Clerk of Council.