As designed by Council or Ohio law, officers and employees of the City, whose duties require them to handle municipal and other public money or property, shall be covered by a corporate bond issued by a company authorized to do business in Ohio, to protect the City 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 City. All such bonds shall be filed with the Clerk of Council.
(Amended 11-6-01; 11-5-19)