Section 2.56.010 Bonds required.
Prior to the adoption of Ord. 2005-30 on 12/07/2005, Section 2.56.010 read as follows.
The elected officers of the City, the Treasurer, the Finance Director
and the City
Manager, before taking office, shall execute a bond with good and sufficient sureties,
payable to the City in such
an
amounts
not less than $10,000
as provided herein,
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)