(A) Before entering upon the discharge of his or her duties, each officer and employee, where such is required by the legislative authority, shall execute a bond approved according to law in the amount set forth for his or her respective office or position.
(B) Bonds for officials are established as follows.
(1) The bond of the Mayor shall be in the amount of $1,000.
(2) The bond of the Clerk-Treasurer shall be in the amount of $50,000.
(3) The bond of the Chief of Police, Village Administrator, Street Superintendent of Utilities, Utility Clerks and members of the Police Department (regular) shall be $10,000.
(Ord. 87-5-1, passed 6-2-87)