Every officer and employee of the City, as a
condition of his office, shall execute such applications or bond instruments
as may be required by law or by resolution of the City Council to
the City in its corporate name, as obligee, to the true and faithful
performance of his duties. The City Council shall, by resolution,
establish officers, positions and employment for which the City is
to be protected by surety bonds and the limits of such bonds.
If any officer or employee of the City shall
neglect to execute and deliver his bond as required by the City Council
within 30 days after due notification of his election or appointment,
his office may be declared vacant by the City Council.
[Amended 5-12-1986 by Ord. No. 7-1986]
In every case in which any person is required
by the laws of the state or by any ordinance or resolution of the
City to give a bond for the faithful performance of his duties, such
bond shall be that of a surety company authorized to do business in
the state. Every such bond shall be approved as to form by the Corporation
Counsel.
[Amended 5-12-1986 by Ord. No. 19-1986]
The administration of bonds of City officers
and employees shall be under the direction of the Director of Finance.
The City Clerk shall keep custody of such bonds.
