Section 2.56.010 Bonds required.

The elected officers of the City, t before taking office, shall execute a bond with good and sufficient sureties, payable to the City in an amount not less than $10,000 , conditioned for the faithful performance of their duties and payment of all moneys received by them according to law and the ordinances of the City. The City Treasurer, Finance Director and City Manager shall execute a bond with good and sufficient sureties payable to the City in an amount not less than that as established by the State Money Management Council. All other officers of the City may by resolution or ordinance be required to furnish a personal bond with good and sufficient sureties or corporate surety bond payable to the City in such penal sum as a resolution or ordinance may establish, conditioned for the faithful performance of the duties of their office and the payment of all moneys received by such officers according to law and the ordinances of the City, or such officers may be included within public employees' blanket bonds at such amounts as may be determined by the governing body. (Added during 1993 recodification)