(a) Generally. The following officers of the City, as well as those officers elsewhere required by law, shall, before entering upon the duties of their respective offices, execute a bond, conditioned upon the faithful and impartial performance and discharge of the duties of their respective offices in accordance with general law and the ordinances of the City. Such bonds shall be executed with a corporate surety approved by the State and shall be given in penal sums as follows:
Clerk-Treasurer $ 50,000
Manager 5, 000
Policemen and Councilmen, blanket bond 2, 500
All other employees of the City shall be covered by a blanket bond of twenty-five thousand dollars ($25,000), conditioned upon the honesty of such employees. The Mayor and Council may also require bond of any other particular officer or employee in such sum as they may by resolution designate. No bond shall be deemed to be given or complete until the approval thereof as to form and substance by the City Attorney in writing thereon is endorsed on the bond and until the approval of the corporate surety thereon is endorsed in writing on such instrument by the Mayor and the Clerk-Treasurer pursuant to action of Council.
Official bonds shall be approved by motion of Council.
Official bonds shall be filed with the Clerk-Treasurer, except that of the Clerk-Treasurer, which shall be filed with the City Manager, and recorded in his office. Such bonds shall be for the benefit of the City and for any and all persons injured by a breach of the conditions thereof. The premium on any official bond required to be given, where a corporate surety bond is required, given and approved, may be paid for out of the General Fund or other proper City fund. The Mayor and Council may require the Clerk-Treasurer, if they deem it advisable, to give an additional bond equal to double the amount of money passing through his hands.
(1958 Code § 2.2; Res. 810101. Passed 1-12-81.)
(b) Insufficient Sureties. Should the sureties on the official bond of any officer of the City, in the opinion of the Mayor and Council, become insufficient, the Mayor and Council may, by resolution, fix a reasonable time within which such officer may give a new bond or additional sureties as directed by such resolution. Should such official fail, refuse or neglect to give such new bond or sureties within the time prescribed by the resolution to the satisfaction and approval of the Mayor and Council, the office shall by such failure or neglect become vacant and it shall be the duty of the City Manager to appoint a competent and qualified person to fill such office.
(1958 Code § 2.3)