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Such officers or employees of the city as may be provided for by ordinance shall each before entering upon the duties of his respective office or employment, give a corporate surety bond to the city in such form and in such amount as may be fixed by the council as security for the faithful performance of his official duties and the safekeeping of the public funds. Such bonds may be either individual or blanket bonds at the discretion of the council. They shall be approved by the city council, and approved as to form by the city attorney, and filed with the city clerk. The provisions of the laws of the state relating to official bonds not inconsistent with this Charter shall be complied with. The premiums on such bonds shall be paid by the city.
No real property of the city shall be disposed of except by general ordinance. The city clerk shall give notice by publication for two (2) consecutive weeks that the proposed sale will be considered by the council at a public hearing at a time and place designated therein. The proceeds of any sale of such property shall be used as far as possible to retire any outstanding indebtedness incurred by the city in the purchase, construction, or improvement of this or other property used for the same public purpose, if there is no such outstanding indebtedness, the council may by resolution designate some other public use for the proceeds.
The council may by ordinance approved by a majority of the full council vacate any street or alley or part thereof within the city. Such vacation may be made only after the city clerk has given notice by publication for two consecutive weeks that the proposed vacation will be considered by the council at a public hearing at a time and place designated therein. A duly certified transcript of such ordinance shall be filed with the appropriate recording officer of the county in which said lands lie.
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