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ORDINANCE 839 <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br />ORDINANCE AMENDING SECTION 7.05 OF THE MOUNDS VIEW CITY CHARTER <br />RELATING TO THE FIVE-YEAR FINANCIAL PLAN <br />THE CITY OF MOUNDS VIEW DOES HEREBY ORDAIN: <br />SECTION 1. The City Council of the City of Mounds View, pursuant to the <br />recommendation of the City of Mounds View Charter Commission, has hereby determined <br />that Chapter 7, Section 7.05, Subdivision 1 of the City Charter be amended with additions <br />underlined and deletions c*�;e as follows: <br />Section 7.05 Five -Year Financial Plan <br />Subdivision 1. The City Council shall have prepared a five-year financial plan <br />commencing with the ensuing calendar year. The City Council shall hold a public hearing <br />upon at least 10 days posted and published notice in the City's official newspaper, and, if <br />available, the City web site and shall then adopt the five-year financial plan and adept at, <br />by ordinance, with or without amendment, by June 1st of each year. The financial plan <br />shall consist of at least the following three elements as specified in subdivisions 2 through <br />4 which follow: <br />SECTION 2. This ordinance shall take effect ninety days after the date of its publication. <br />Read by the Mounds View City Council on this 23rd day of November, 2009. <br />Read and passed by the Mounds View City Council on this 14th day of December, 2009 <br />Publication Date: December 24. 2009 <br />Adopted this 14th day of December, 2009. <br />Joe Flaherty, Mir <br />ATTER <br />James Ericson, Clerk -Administrator <br />(seal) <br />