[Adopted as §§ 2-11-1 through
2-11-4 of the 1972 Code (Ch. 2, Art. IV, Div. 1, § 2-91,
of the 1990 Code of Ordinances)]
The following Town officials shall be bonded
by the Town with a surety company authorized to transact business
in the state in the following penal sums:
D. All other employees (blanket bond) except Councilmen,
members of School Board and employees of the School Department: $2,500.
The cost of such bonds shall be borne by the
Town.
The sureties on each bond shall be approved
by the director of finance before the officer enters upon the duties
of his office.
The bond of the Director of Finance shall be
made to the Town and all other bonds unless otherwise provided shall
be made to the Director of Finance of the Town. The bond of the Director
of Finance shall be deposited with and safely kept by the Town Clerk
and all other bonds shall be deposited with and safely kept by the
Director of Finance.