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particular fund from which the contract is to be paid. The Council may adopt further regulations for the safekeeping and disbursement of City funds. Section 7.14. Accounting. The City Manager is the Chief Accounting Officer of the City. The Manager must keep the Council informed of the financial status of the City. The Manager must provide for an annual audit of the City's finances by either the state auditor or a firm of certified public accountants. A summary of the audit must be published once in the official newspaper. SECTION 4. The City Council of the City of Mounds View, pursuant to Minnesota Statutes Section 410.12, Subdivision 5, proposes that Chapter 1, Section 1.01 of the Charter of the City of Mounds View is hereby amended by the addition of the bold and double- underlined language and by the deletion of the bold and stricken language as follows: Section 1.01. Name and Boundaries. The City of Mounds View, Ramsey County, Minnesota shall continue to be a municipal corporation under that name and with the same boundaries as now are or hereafter may be established. The City ManagerClerk-Administrator shall keep at least two copies of this Charter with amendments, and shall maintain in each copy an accurate up-to-date description of the boundaries. The copies of the Charter, amendments, and boundary descriptions shall be available for public inspection anytime during regular office hours. SECTION 5. The City Council of the City of Mounds View, pursuant to Minnesota Statutes Section 410.12, Subdivision 5, proposes that Chapter 3, Section 3.06, 3.07 and 3.11 of the Charter of the City of Mounds View are hereby amended by the addition of the bold and double-underlined language and by the deletion of the bold and stricken language as follows: Section 3.06. Emergency Ordinances. An emergency ordinance is an ordinance necessary for the immediate preservation of the public peace, health, morals, safety or welfare, in which ordinance the emergency is defined and declared in a preamble thereto. An emergency ordinance must be approved by a majority of available members of the City Council. An emergency ordinance must be in writing but may be enacted without previous filing or voting, and may be adopted finally at the meeting at which it is first introduced and voted upon by the Council. An emergency ordinance shall remain in effect for the duration of the emergency. No prosecution shall be based upon the provisions of an emergency ordinance until twenty-four hours after the ordinance has been adopted, filed with the