The positions of Village Clerk and Village Treasurer in the Village service shall be bonded by a surety company as required by Wisconsin Statutes.
In accordance with the provisions of § 70.67(2), Wis. Stats., the Village Board of the Village of Shorewood hereby agrees and binds the Village of Shorewood to pay, in case the Village Treasurer or the Treasurer's successor in office shall fail so to do, all taxes of any kind required by law to be paid by said Village Treasurer or the Treasurer's successor in office to the County Treasurer or the County Treasurer's successor in office.