§ 2.16.020. Amount of bond.  


Latest version.
  • A.

    Before taking the oath of office and entering on the duties of their respective office, the following named municipal officials shall each give a bond with good and sufficient securities, payable to the municipality 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 ordinance of this municipality in the following amounts:

    Mayor ..... $1,000.00

    Councilmember (each) ..... 500.00

    Treasurer ..... 20,000.00

    Recorder/clerk ..... 10,000.00

    Marshal ..... 1,000.00

    Justice of the peace ..... 1,000.00

    B.

    The treasurer's bond shall be superseded by any rules, regulation or directive of the state money management council when such rule, regulation or directive is binding on this municipality.

    C.

    The premium charged by any corporate surety for any bond required in this section shall be paid by this municipality.

    D.

    The bond required in this section may be a blanket bond.

(Prior code § 3-819)