(A) Blanket bond; exceptions. All employees and elected and appointed officers of the city, with the exception of the Auditor, the Deputy Auditor and the Clerk of the Income Tax Department and the Treasurer, shall be covered under the provisions of a public employees' blanket bond, in lieu of the execution of individual bonds, conditioned upon the faithful performance of their offices and duties.
('65 Code, § 107.01) (Ord. 2591, passed 11-28-60)
(B) Amount of blanket bond. The public employees' blanket bond shall be executed in favor of the city by a surety company authorized to issue surety and fidelity bonds in the State of Ohio and shall be in the amount of $5,000 for each position or office held by an employee or officer of the city, other than those officials excepted by the provisions of division (A) above, and shall be approved by the Mayor and Director of Law.
('65 Code, § 107.02) (Ord. 9-72, passed 3-21-72)
(C) Conditions. The public employees' blanket bond, provided for herein, shall be conditioned upon the faithful performance of the duties and offices of the individually covered officers and employees, and upon the accounting for and paying over to the proper officer of officers of the city all monies or other property coming into the possession of the individually covered officer and employee and belonging to the city.
('65 Code, § 107.03) (Ord. 1966, passed 12-5-50)
(D) Individual bonds. Individual bonds conditioned upon the faithful performance of the duties and offices of the officers excepted from the coverage of the public employees' blanket bond by the provisions of division (A) above shall be executed by such officers with approved sureties in the amount of $10,000 each.
('65 Code, § 107.04) (Ord. 9-72, passed 3-21-72)