A. In accordance with Sections
36518 and
36519 of the Government Code of the state, bonds shall be required of city officers and employees in the penal sums as follows, for the faithful performance of their duties and obligations of their positions:
1. Director of finance-treasurer, two hundred fifty thousand dollars;
2. All other officers and employees, a blanket position faithful performance bond issued by a surety company authorized to do business in California, in the amount of twenty-five thousand dollars for such employee.
B. If any person fills two or more of the offices described in subsection
A of this section then only one bond shall be required for such person in an amount equal to the sum required.
(Ord. 29 §§ 1, 2, 1974; Ord. 154 § 1, 1977; Ord. 270 § 1, 1981)