The City Manager, before taking office, shall give a surety company bond in the penal sum of $250,000 conditioned upon the honest and faithful performance of the duties of the office and the faithful accounting for all property of the city of any kind or nature which shall come into his or her possession or under his or her control, which bond shall be filed with the City Clerk and approved by the City Council. The premium of the bond of the City Manager shall be paid by the city.
(Ord. 3378, passed - -1994)