The city manager, city clerk, city collector, director of finance, all other officers and employees receiving, disbursing or responsible for city funds, and such other officers and employees as the council by ordinance may designate, shall, within such time after election or appointment as may be fixed by ordinance, and before entering upon the discharge of their duties, give bond to the city in such sum and with such sureties as shall be prescribed by ordinance, and subject to approval by the council, conditioned upon the faithful and proper performance of their duties and for the prompt accounting for and paying over to the city of all moneys belonging to the city that may come into their hands. If any person elected or appointed to any office or employment shall fail to give bond as he is required, he shall forfeit his office or employment. The city shall pay the premiums on all such bonds. The bond of the city clerk shall be filed with the mayor, and the bonds of all other officers and employees shall be filed with the city clerk.

(Code 1964, § 2.570)

     Charter reference(s)--Similar provisions, § 149.