Chapter 2.15
OFFICIAL BONDS*

Sections:

2.15.010    Required for specific officers.

2.15.020    May be required for other officers and employees.

2.15.030    Effect of failure to give.

2.15.040    To be payable to city – Surety – Conditions – Preservation.

2.15.050    Payment of premiums.

*Cross reference – Proceedings against sureties of officers whose duties include collection of money due city, SCC 3.05.060.

State law reference – General authority of council to require official bonds, Code of Virginia, § 15.1-813.1.

2.15.010 Required for specific officers.

Official bonds shall be required of the following officials and in the penalties indicated, respectively:

Treasurer

$100,000

Chief finance officer

$5,000

Commissioner of revenue

$3,000

City clerk

$1,000

Chief of police

$1,000

City manager

$5,000

Chief clerk to city manager

$1,000

(Code 1964, § 2-28; Code 1985, § 2-57).

Charter reference – Treasurer and commissioner of revenue to give bond in amount prescribed by council, §§ 17, 18.

Cross references – City treasurer, SCC 2.25.010 et seq.; commissioner of revenue, SCC 2.40.010 et seq.; chief finance officer, SCC 2.45.010 et seq.; police department, SCC 2.85.020 et seq.

State law reference – Bond of treasurer and commissioner of revenue, Code of Virginia, §§ 15.1-41, 15.1-42, 15.1-44n.

2.15.020 May be required for other officers and employees.

Official bonds may be required by the council or by the city manager of officers or employees, other than those listed in SCC 2.15.010, in such penalty as may be requisite to protect the city. (Code 1964, § 2-28; Code 1985, § 2-58).

2.15.030 Effect of failure to give.

Any person elected or appointed to any office who shall, for 30 days after notification of his election or appointment, neglect to give such bond and surety as may be required of him, shall thereby vacate his office. (Code 1964, § 2-29; Code 1985, § 2-59).

2.15.040 To be payable to city – Surety – Conditions – Preservation.

(1) Every bond required by the provisions of this code or other ordinance of the city to be taken or approved by the council, or any body or person acting under the authority of the city government, shall, unless otherwise provided, be made payable to the city, with surety deemed sufficient by the council. Every such bond required of any such person elected or appointed to any office, post or trust shall, unless otherwise provided, be conditioned on the faithful discharge by such person of the duties of his office or trust, and unless otherwise directed by the council, shall be returned to the city clerk and preserved among the official records.

(2) All city officials or employees who are required to give an official bond shall furnish, as surety thereon, some trust or guaranty company duly authorized to transact business in this state, which shall be deemed satisfactory by the council.

(3) All persons who may be required to give bond in excess of $500.00 for the faithful compliance with any contract made with the city shall furnish, as surety on such bond, some trust or guaranty company duly authorized to transact business in this state, which shall be deemed satisfactory by the council. (Code 1964, § 2-28; Code 1985, § 2-60).

2.15.050 Payment of premiums.

The premiums on all bonds given under this chapter, except those referred to in SCC 2.15.040(3), shall be paid by the city. (Code 1964, § 2-30; Code 1985, § 2-61).

State law reference – Authority of city to pay premiums on bonds, Code of Virginia, §§ 15.1-41, 15.1-813.1.