[Approved 10-17-1967 by Ch. No. 1135 as Secs. 2-17 through 2-26 of the 1966 Code]
[Amended 7-25-1996 by Ch. No. 2420]
The following persons shall be bonded by the City with a surety company authorized to transact business in the state in the following penal sums:
Director of Finance
$40,000
Deputy Director of Finance
$40,000
Director of Public Works
$10,000
City Clerk
$5,000
Director of Human Services
$1,000
City Sergeant
$1,000
Police officers
$1,000
Licensed plumbers
$1,000
Electrical Inspector
$1,000
Air Pollution Monitor
$1,000
It shall be the duty of the standing committee on finance of the City Council to agree with a surety company authorized to do business in the state upon the cost of the bonds required by this Article. The cost of each of such bonds shall be charged to the contingent account.
If, within the period of two years from the expiration of the period for which a bond is given, no claim or demand or notice of any claim or demand shall be made upon the surety upon such bond, then such bond shall, as against such surety, become null and void.
Every City officer whose duties require him or her to receive or have the custody of money belonging to the City may bond such subordinates and assistants in his or her office and in such penal sums as he or she may deem necessary or as may by law be provided in a surety company subject, however, to the approval of the standing committee on finance of the City Council. The expense thereof shall be charged to the contingent account.
The form and conditions of all bonds given to the City by any person under this Article shall correspond with and be applicable to the duties to be performed by such person, in the form and upon the conditions required by law and such as the City Solicitor shall approve.
The securities on each bond and the bond itself, except bonds of licensed plumbers, shall be approved by the City Council before the person bonded enters upon the duties of his or her office.
Upon the filing of any petition for a license or permit for which a bond is required, the petitioner shall name the sureties upon the bond and upon the granting of any such license or permit by the City Council, if the City Council shall approve the sureties so presented thereupon, the licenses or permits may be issued by the City Clerk upon the filing of any bond with sureties theretofore approved. The City Solicitor shall first approve such bond as to form and execution.
In case of the death or insolvency of any of the sureties on any bond given as required by this Article, and in all cases where an officer shall hold over for an additional term who has given a bond, a new bond with sufficient sureties shall be given forthwith and be approved as provided by this Article. If any person shall neglect or fail to furnish such new bond, it shall be deemed a sufficient cause for removal from office or revocation of license.
The bond of the Director of Finance shall be made to the City, and all other bonds unless as otherwise provided shall be made to the Director of Finance of the City. The bond of the Director of Finance shall be deposited with and safely kept by the City Clerk, and all other bonds shall be deposited with and safely kept by the Director of Finance.