The following schedule of official bonds is hereby adopted:
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Schedule of Official Bonds
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The following officers shall give separate and individual bonds
in the amounts hereinafter specified:
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(a) Director of finance
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$10,000.00
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(b) City treasurer
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$20,000.00
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All of the other officers, employees and agents of the city
shall be covered by a master official bond or other form of master
bond and the amount of the penal sum of such master official bond
or other form of master bond shall be the sum of ten thousand dollars
as to each loss.
(Prior code § 2.3)
All of the bonds required by Section 2.24.010 shall be in the manner and form as provided in Sections 36518 to 36521 of the government code of the state and the premiums therefor shall be paid by the city.
(Prior code § 2.4)
