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City of Resolution No. 2009-05 iIounds Mounds View Charter Commission View Preliminary Draft Dated Oct 14, 2009 Charter Commission Whereas, the Mounds View Charter Commission has reviewed the requests for updates to Section 7.05 of the Mounds View Charter that are deemed necessary Chair for the Mounds View Charter specify that the Five Year Financial Plan be adopted Jonathan J Thomas by resolution as is indicated in Section 3.05 of the Charter "The general 763-784-5205 administrative business of the Council shall be conducted by Resolution." Vice Chair Therefore, the Mounds View Charter Commission actingunder Minnesota Statute Michael Haubrich 612-237-2859 410.12 Subdivision 7, recommends the following amendments by the addition of the blue and double underlined language and by the deletion of the Red and 2nd Vice Chair stricken language. The Mounds View Charter Commission requests the City Jean Miller Council adopt this resolution by ordinance by the required unanimous vote. 763-786-3959 Secretary Section 7.05 Five-Year Financial Plan. Barbara Thomas 763-780-6226 Subdivision 1. The City Council shall have prepared a five-year finan ial Brian Amundsen plan commencing with the ensuing calendar year. The City Council shall of a- 763-786-5699 provide notification and hold public hearings in the same manner that wou d be required to adopt by ordinance and shall then adopt OR the five-year financial plan Bill Doty and adopt it by ordinance resolution, with or without amendment, by June 1st of 763-786-3421 each year. The financial plan shall consist of at least the following three elements Jason R Refiling as specified in subdivisions 2 through 4 which follow: 763-350-3013 The Mounds View Charter Commission requests the City Council adopt this resolution by ordinance by the required unanimous vote. Respectfully submitted, Jonathan J Thomas, Chair Barbara Thomas, Secretary 1D" 'fes