(a) Bonds in the amounts hereinafter provided for shall be required of the officials hereinafter designated as indemnity to the City while in the performance of their official duties.
The officials and maximum bond amounts are as follows:
Bailiff of the Lyndhurst Municipal Court | $3,000. |
Deputy Bailiff of the Lyndhurst Municipal Court | 3,000. |
Clerk of the Lyndhurst Municipal Court | 50,000. |
Director of Finance | 50,000. |
All other officials who may handle public moneys from time to time | faithful performance blanket position bond of $10,000. |
The bonds for the Clerk of Court, Bailiff and Deputy Bailiff are provided for in the Ohio Revised Code and in the event a subsequent statutory change may make the amount higher than provided for in this section, such statutory amount shall control for such officials.
(b) The indemnity bonds herein provided for shall be given by such officials at the commencement of each term of the officials. The Director of Finance is hereby authorized and directed to pay the premiums required for such indemnity bonds.
(c) At the option of the Mayor of the City and the Judge of the Lyndhurst Municipal Court, the bonds required by subsections (a) and (b) above, may be replaced by an employee dishonesty and faithful performance of duty insurance policy purchased pursuant to Section 3.061 of the Ohio Revised Code.
(Ord. 2019-99. Passed 12-18-19.)