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EXHIBIT A ORDINANCE NO. CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA AN ORDINANCE AMENDING SECTION 7.03, SUBDIVISION 1 OF THE CITY OF MOUNDS VIEW CHARTER PERTAINING TO THE CITY'S SYSTEM OF TAXATION THE CITY OF MOUNDS VIEW ORDAINS: Section 1. s 1.01. The city of Mounds View ("City") is governed by a home rule charter (tire "City Charter"), adopted pursuant to the Constitution of the State of Minnesota and Minnesota Statutes, chapter 410 (the "Act"). 1.02. The Mounds View Charter Commission has proposed the adoption of an amendment to section 7.03 of the City Charter (the "Arncndmcnt") and recommended to the City Council that the Amendment be adopted by ordinance in the manner prescribed by section 410.12, subdivision 7 of the Act. 1.03. A public hearing on the Amendment was held on , 2021 by the Mounds View City Council after published notice containing the text of the Amendment, as required by the Act, and all persons desiring to be heard with reference to the Amendment were heard at said public hearing. 1.04. The Mounds View City Council finds and determines that it is in the best interests of the City and its inhabitants that the Amendment be adopted. Section 2. M-Qmionh cffectiyC_&LC_: 2.01. Section 7.03, subdivision 1 of the Mounds View City Charter is hereby amended by adding the [i�tll].leLe►tl�cl language and deleting the striekelanguage as follows: Subdivision 1. The City's annual re%olution to levy ad valorem taxes (raising money against real and personal property) shall • - •h--., , i flier d un t tsl�llal = s�. _ lticreaseWG.S1� nVei the prior year tax levy dollar amount itt�ctt�rtcit�rtsrt� {—( ��LY� eLmal ( e �la�L�_sis�liatatna�nt bvan,i_xtesaf� Frs ctl lItuueil, . o ltzlY ��sed t saner P�ioe Index fC111 LL�N� _iLCPI c`��15 t'�i��°'—alut2 �y� ers [tf_Cs�tll�il. The CPI shall be the 12 month average of the most recently published data for all Urban Consumers in the Minneapolis, St. Paul metropolitan area, as defined by the U.S. Department of Labor, Bureau of Labor Statistics.