[Adopted 11-13-2013 by Ord. No. 2013.10.09-013 as Ch. 53 of the 2013 Code]
No member of the City government shall become surety for any contractor with the City nor for any official of the City, nor shall any officer or committee or commissioner of the City or any person acting under authority of the City accept any such bond with the City bearing the name of any person as surety who, at the time of execution of said bond, was a member of the City government.
No officer or agent of the City who in his official capacity shall, by law or ordinance, be authorized to receive money for or in behalf of the City shall become surety for any contractor with the City or for any other person, firm or corporation.