§ 3-304. Bond required.
The city administrator, before entering upon the duties of his office, shall file with the city a bond of ten thousand dollars ($10,000.00) approved by the board of aldermen and conditioned upon faithful and honest performance of his duties and the rendering of full and proper accounts to the city for funds and property that shall come into his possession or control. The cost of such bond shall be paid by the city; however, should the city administrator be covered by a blanket bond to the same extent, an individual bond shall not be required.
(Ord. No. 1995, § 5; Ord. No. 2993, § 2, 3-26-90)