SECTION 10.04 SALARIES AND BONDS.
   The Council shall have the power to fix the compensation of its members, the Mayor-President of Council, the Manager, Director of Finance, Solicitor, and officers of the Municipality, of each and every job classification.
   The compensation of the elected officials of the Municipality shall be fixed no later than thirty (30) days prior to the last day for filing nominating petitions with the Mahoning County Board of Elections for the terms of office commencing on the next succeeding first day of January; and such compensation once fixed shall neither be increased or decreased during the respective term of office or any part thereof.
   The Council may authorize the payment or reimbursement of expenses incurred by any elected official, officer, employee, or member of any board or commission of the Municipality for travel, membership in associations, or for any other purpose deemed by the Council to be in the municipal interest. The Manager, Director of Finance, and other officials, officers, employees, and members of boards and commissions as may be required by the Council pursuant to Section 3.08(e) of this Charter, shall give bond in such amount and with such surety as may be required by the Council for the faithful performance of their duties. The cost of such bonds shall be borne by the Municipality.