(a) There shall be secured a corporate surety blanket bond in the penal sum of not less than ten thousand dollars ($10,000) naming the Village obligee therein, and the bond shall guarantee the fidelity of all elected officials, officers and employees of the Village excepting those who are required to file individual bonds and the Director of Finance.
(b) There shall be secured a corporate surety bond in the penal sum of not less than ten thousand dollars ($10,000) naming the Village obligee therein, and the bond shall guarantee the fidelity of the Director of Finance.
(Ord. 3-1987. Passed 1-6-87.)