(A) The Manager shall furnish a corporate surety bond to be approved by the Council in such sum as may be determined by the Council, and shall be conditioned upon the faithful performance of the duties imposed upon the Manager as herein prescribed. Any premium for such bond shall be a proper charge against the city.
(B) The Manager shall receive such compensation as the Council shall from time to time determine. In addition, the Manager shall be reimbursed for all actual and necessary expenses incurred by him in the performance of his or her official duties.
('76 Code, §§ 3-1-5, 3-1-7) (Ord. 302, passed 7-24-75; Am. Ord. 891, passed 12-12-91; Am. Ord. 894, passed 1-9-92; Am. Ord. 895, passed 12-12-91)