§ 2-177. Bond; delivery of city moneys; surrender of records to successor.

Before entering upon the duties of the office, the city treasurer shall execute to the city, subject to the approval of the city council, a bond in a sum reasonably commensurate to the financial duties of the office, conditioned on the faithful and proper performance of the duties of the office of city treasurer. So long as the city maintains insurance coverage which expressly includes coverage of theft or other defalcation of city funds by the city treasurer, such bond shall not be required. The treasurer shall pay over and render a full and true account, whenever required by the city council, mayor or other authorized person, of all money received by the office of city treasurer and belonging to the city; and shall deliver over to a successor in office or other authorized person all money, books, papers and other things pertaining to the office and which belong to the city. Such bond, if required, shall be filed with the city clerk. If the bond furnished as provided in this section is a surety bond, the premium on the bond shall be a proper charge against the city.

(Code 1981, § 2.16.020; Ord. No. 1204, § 2, 6-8-10; Ord. No. 1226, § 3, 8-23-11)

Editor's note

Ord. No. 1226, § 3, adopted Aug. 23, 2011, changed the title of § 2-177 from bond; oath of office; delivery of city moneys; surrender of records to successor to bond; delivery of city moneys; surrender of records to successor.