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disposed of except by ordinance. The proceeds of any sale of such property shall <br />be used as far as possible to retire any outstanding indebtedness incurred by the <br />city in the purchase, construction, or improvement of this or other property used <br />for the same public purpose. If there is no such outstanding indebtedness, the <br />council may by resolution designate some other public use for the proceeds. <br />Sec. 12.06. Vacation of Streets. The council may by ordinance vacate any street <br />or alley or other public grounds or part thereof within the city. Such vacation <br />may be made only after published notice in the official newspaper and an opportunity <br />for affected property owner and public to be heard, and upon such further terms and <br />by such procedure as the council by ordinance may prescribe. A notice of completion <br />of such procedure shall be filed in accordance with law. <br />Sec. 12.07. Statutes not Affected by Charter. All general laws -and statutes of <br />the state applicable to all cities operating under home rule charters, or applicable <br />to cities of the same class as the City of Mounds View operating under home rule <br />charters, and not inconsistent with the provisions of this charter, shall apply to <br />the City of Mounds View, and shall be construed as supplementary to the provisions <br />of this charter. <br />Sec. 12.08. City to Succeed to Rights and Obligations of Former City. The city <br />shall succeed to all the property, rights, and privileges, and shall be subject to <br />all legal obligations of the city under the former charter. <br />Sec. 12.09. Existing Ordinances and Resolutions Continued. All ordinances, <br />resolutions and regulations of the municipality in force when this charter takes <br />effect, and not inconsistent with the provisions thereof, are hereby continued in <br />full force and effect until amended or repealed. <br />-32- <br />