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For the statutory provisions regarding the bonding of city officers, see RCW 35A.12.080.
The finance director shall, before assuming the duties of office, furnish to the city and maintain at all times during his or her tenure an official bond conditioned on the honest and faithful performance of his or her official duties in the sum of $50,000.
(Ord. 1204 § 1, 1964; Ord. 2398 § 1, 1990; amended during 8/94 supplement; Ord. 2762 § 1, 2000)
All city employees, except the director of finance, shall be covered by a public employees blanket bond in the aggregate principal sum of not less than $100,000.
(Ord. 1204 § 1, 1964; Ord. 2398 § 2, 1990)
Such bonds shall be approved by the mayor, and by the city attorney as to form and execution, and filed with the clerk and accepted and approved by the city council, and after such approval the city shall pay a reasonable premium to the surety company furnishing such bonds.
(Ord. 1204 § 1, 1964; Amended during 8/94 supplement)