The Finance Director and the City Treasurer shall each execute a bond to the city, issued by a surety company authorized to do business in the state, for the faithful performance of the duties of their respective offices in the penal sums set opposite the names of their offices as follows:
(A) Finance Director $ 250,000
(B) City Treasurer $ 250,000
('65 Code, § 3-5.01) (Ord. 612, passed - - ; Am. Ord. 664, passed - - ; Am. Ord. 727, passed - - ; Am. Ord. 821, passed - - )