The Council shall prescribe the powers and define the duties of all officers by it appointed, except so far as the same are by this Act prescribed and defined. It shall fix their compensation, and may require and take from them respectively bonds payable to the City in its corporate name, with such sureties and in such penalties as may be deemed proper, conditioned for the faithful performance of their duties.
A Councilman shall receive a salary of not less than $120.00 per annum. However, Council may award additional amount per annum for each councilman's compensation at each budgetary enactment by ordinance prior to the beginning of the fiscal year which time such additional compensation amount may not exceed the total sum of $300.00 for each councilman per annum.
(Amended March 10, 1969.)