151.01 EMPLOYEE BONDS.
   (a)   Surety Bonds. The following named City officials shall, each before entering upon the duties of their respective offices, give a good and sufficient surety company bond to the City conditioned upon the faithful performance and discharge of their respective duties and for proper application and payment of all money or property coming into their hands by virtue of their offices, in the following amounts:
 
Official            Bond Amount
Mayor                  $2,500
Finance Director            $5,000
Director of Public Safety and Service   $2,500
 
   (b)   Fidelity Bond. The City shall cause a fidelity bond to issue, duly approved by the Director of Law, which covers the following specified City officials and employees of the City in the following minimum amounts:
 
Official            Designated Amount
Mayor                  $100,000
Director of Public Safety and Service   $100,000
Finance Director            $250,000
Accountant               $100,000
Income Tax Administrator         $100,000
All other employees of the City      $50,000
(Ord. I-07. Passed 6-4-07.)