(A) Mayor and Commissioners.
(1) Before taking the oath of office, the Mayor and each Commissioner shall make a bond in the sum of not less than $3,000, each executed by an approved surety company authorized to do business in the state, conditioned for the faithful performance of the duties of their office. The bond shall be approved within 20 days after the entry upon the minutes of the city of the election or appointment of such officials, and payable to the city for the use and benefit of the city.
(2) These bonds shall be approved by the outgoing Mayor and Commissioners, or by the remaining members of the Board of Commissioners in case of filling a vacancy thereof.
(B) Other officers and employees. All other officers and employees shall be bonded with an approved surety company in amounts which, in the judgment of the Commission, are deemed sufficient.
(1998 Code, § 2-61)
Charter reference:
Authority to require bonds, see Art. XVIII, § 4