Surety bonds are provided in accordance with the following.
(A) Required. The Council shall provide by ordinance for a surety bond or blanket position bond running to the city and covering the City Manager, City Clerk, Chief Deputy City Clerk, Finance Director, Assistant Finance Director, Accountant I, Accounts Receivable Clerk and those other officers and employees as may be necessary and advisable.
(Iowa Code § 64.13)
(B) Bonds approved. Bonds shall be approved by the Council.
(Iowa Code § 64.19)
(C) Bonds filed. All bonds, after approval and proper record, shall be filed with the Clerk.
(Iowa Code § 64.23(6))
(D) Record. The Clerk shall keep a book, to be known as the “Record of Official Bonds” in which shall be recorded the official bonds of all city officers, elective or appointive.
(Iowa Code § 64.24(3))
(1999 Code, § 5.02) (Ord. 2018-04, passed 3-13-2018)