1. Specified: Before taking the oath of office and entering on the duties of their respective office, the following named municipal officials shall each have 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 monies received by such officers according to law and the ordinances of this municipality in the following amounts: (amd. Ord. 52-2. 4-22-2025)
Mayor
$ 1,000.00
Council member
1,000.00
City treasurer
40,000.00
City recorder
1,000.00
Deputy recorder
1,000.00
Others as specified by motion of the city council
1,000.00

2. City Treasurer: The city treasurer's bond shall be superseded by any rules, regulation or directive of the state money management council when such rule, regulation or directive is binding on this municipality.
3. Premium Paid By City: The premium charged by any corporate surety for any bond required in this section shall be paid by this municipality.
4. Blanket Bond: The bonds required in this section may be a blanket bond. (Ord. 86-4, 3-11-1986, eff. 3-20-1986)