The city administrator, before entering upon the duties of office, shall file with the city a bond in the amount of (N/A) dollars ($_____). Such bond shall be approved by the board of aldermen, and such bond shall insure the city the faithful and honest performance of the duties of the city and for rendering a full and proper account to the city for funds and property which shall come into the possession or control of the city administrator. The cost of such bond shall be paid by the city; however, should the city administrator be covered by a blank bond to the same extent, such individual bond shall not be required.
(Ordinance 2002-513, sec. 4, adopted 1/8/01)