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Mounds View Charter Commission Date: April 3, 2006 <br /> Charter Updates; Category 3 Items;Chapter 7 <br /> Revision— Draft 20060403 Page3 of 3 <br /> 88 Subdivision 5. Nothing in this Section shall be construed to imsair any general obli'ation_ <br /> 89 I- ' h. - in ..••t •f• h- •wi. - le .f.l 'no-• -sj- •r _'u'l.r ••li_.. ion ••• -• • - <br /> 90 Al f.i h .to r-.' •f .- ii__.r•vic-. to - -r h. •n.- -rm_.-n- .1 soli.. ion ' .-• -on- <br /> 91 ell no •- -1 f. h- ._r.• - of .nein' h- r• '. • •e'1 • . in- •.- , i•. • h- ii <br /> 92 <br /> 93 •:' ion • N. ti ' ' h- _ - i•i hell •- • r.-. • 'i i • i ..'r I- voters of Mounds <br /> 94 i-w fro u . '•nine for e - - -no . j i • ..n - ' - •.. 'n .. -r • ._•.• - - <br /> 95 request elimination, increase or decrease a tax le v. fee. or an other method used by the Ci for <br /> 96 raising moneys. <br /> 97 <br /> 98 Section 7.04. Submission of Budget. (no changes) <br /> 99 <br /> 100 Section 7.05 Five-Year Financial Plan. (no changes) <br /> 101 <br /> 102 Section 7.06. Council Action on Budget. (no changes) <br /> 103 <br /> 104 Section 7.07. Enforcement of the Budget. (no changes) <br /> 105 <br /> 106 Section 7.08. Alterations in the Budget. (no changes) <br /> 107 <br /> 108 Section 7.09. Funds. (no changes) <br /> 109 <br /> III 110 Section 7.10. City Indebtedness. <br /> 111 <br /> 112 Subdivision 1. Except as provided in Sections 7.11 and 7.12,no obligation shall be issued to <br /> 113 pay current expenses,but the Council may issue and sell obligations for any other municipal purpose in <br /> 114 accordance with state law and within the limitations prescribed by law. Except in the case of <br /> 115 obligations for which an election is not required by this Chapter or by state law,no such obligations <br /> 116 shall be issued and sold without the approval of the majority of the voters voting on the question at a <br /> 117 general or special election. <br /> 118 <br /> 119 Subdivision 2. A description of each such proposed issue shall be published in the official City <br /> 120 newspaper,the City Newsletter, and, if available,the City web site,but failure to give such description, <br /> 121 or any defect in the description,shall not invalidate the issue. <br /> 122 <br /> 123 Section 7.11. 1. Anticipation Certificates. (no changes) <br /> 124 <br /> 125 Section 7.12. Emergency Debt Certificates. (no changes) <br /> 11110 <br /> City of Mounds View <br />