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§ 203.01 COMPENSATION OF MAYOR AND COUNCIL MEMBERS. <br />(1) Salaries. The compensation of the Mayor and each Council member shall be established from time to time by City <br />Council ordinance pursuant to M.S. § 415.11. Effective January 1, 2024, the salary of the Mayor shall be $11,298, and the <br />salary of each Council member shall be $9,497. Thereafter, every two years the City Council will consider whether a salary <br />adjustment is warranted. This salary is intended to cover all meetings that may be attended by the Mayor or Council <br />members except as expressly provided in this section. <br />(Ord. 07-97, passed 4-28-1997; Am. Ord. 17-01, passed 9-24-2001; Am. Ord. 10-05, passed 10-24-2005; Am. Res. 06-13, <br />passed 2-13-2006) <br />(2) Payment. The salaries established hereby are to be paid monthly. <br />(3) Economic Development Authority (EDA) meetings. The City Council will be compensated for attendance at EDA <br />meetings at the rate of $40 per meeting. <br />(Prior Code, § 203.01) (Am. Ord. 07-97, passed 4-28-1997; Am. Ord. 08-18, passed 11-26-2018; Am. Ord. 17-18, passed <br />11-26-2018; Am. Ord. 06-21, passed 6-28-2021; Am. Ord. 03-23, passed 6-26-2023) <br />Page 5 of 617 <br />