(A) Each officer and each employee who may be charged with the duty of handling any funds in the performance of his duties as authorized or directed by the provisions of this subchapter shall execute an official bond for the term of his office or employment before entering upon the duties of his office or employment, or if the tenure is indeterminate, then the bond shall be for a term of one year and each year thereafter so long as the employment continues.
(B) All bonds required shall be individual surety company public official bonds conditioned on faithful performance of duties. The penal amounts of the bonds in this case shall be fixed by the Town Council.
(C) All such bonds shall be filed and recorded in the office of the County Recorder in which the department is located.
(Ord. passed 9-8-75)