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EXHIBIT A 2024-05 <br /> ORDINANCE NO. <br /> CITY OF MOUNDS VIEW <br /> COUNTY OF RAMSEY <br /> STATE OF MINNESOTA <br /> AN ORDINANCE AMENDING SECTIONS 7.04 & 7.05 OF THE CITY OF MOUNDS VIEW CHARTER <br /> PERTAINING TO TAXATION AND FINANCES <br /> THE CITY OF MOUNDS VIEW ORDAINS: <br /> Section 1. Background, findings: authority. <br /> 1.01. The city of Mounds View ("City") is governed by a home rule charter (the "City Charter"), adopted pursuant <br /> to the Constitution of the State of Minnesota and Minnesota Statutes, chapter 410(the "Act"). <br /> 1.02. The Mounds View Charter Commission has proposed the adoption of an amendment to section 7.04 and 7.05 <br /> of the City Charter (the "Amendment") and recommended to the City Council that the Amendment be adopted by <br /> ordinance in the manner prescribed by section 410.12, subdivision 7 of the Act. <br /> 1.03. A public hearing on the Amendment was held on , 2024 by the Mounds View City Council <br /> after published notice containing the text of the Amendment, as required by the Act, and all persons desiring to be <br /> heard with reference to the Amendment were heard at said public hearing. <br /> 1.04. The Mounds View City Council finds and determines that it is in the best interests of the City and its <br /> inhabitants that the Amendment be adopted. <br /> Section 2. Adoption: effective date: filing. <br /> 2.01 The Mounds View City Charter is hereby amended by adding the double-underlined language and deleting the <br /> stri-eken language as follows: <br /> Section 7.04 Submission of Budget, Subdivision 4,be modified in part for the following lines: <br /> Five-Year Plan: Council-Approval May 20 to Rme Huly 15 to August 1 <br /> Five-Year Plan: Published to Public june 1 to August 1 August 1 to August 15 <br /> Section 7.05 Five-Year Financial Plan, Subdivision 1,be modified in part for the following: <br /> Subdivision 1. The Council shall have prepared a five-year (5-year) financial plan commencing with the <br /> ensuing calendar year. The Council shall hold a public hearing upon at least ten (10) days' posted and <br /> published notice in the City's official newspaper and, if available, the City website and shall then adopt the <br /> five-year (5-year) financial plan, with or without amendment, by June 1August 1 of each year. The financial <br /> plan shall consist of at least the following three (3) elements as specified in subdivisions 2 through 4 which <br /> follow: (Amended 2010 o 839) <br /> Resolution 2024-05 rev 20240716 page 2 of 3 <br />