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Item No: 07D <br />Meeting Date: April 10, 2006 <br />Type of Business: CB <br />Administrator Review: <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Desaree Crane, Assistant to the City Administrator <br />Item Title/Subject: First Reading and Introduction of Ordinance 772, an Ordinance Amending <br />Chapter 7 of the Mounds View City Charter Relating to Taxation and <br />Finances <br />Introduction: <br />On March 10, 2005, the Mounds View Charter Commission adopted Resolution 2005-02 <br />(attached) which put forward suggested amendments to the Charter in Chapter 7 relating to <br />"Taxation and Finances." These amendments were also discussed at the April 3, 2006, Work <br />Session between the Mounds View Charter Chairperson, Jonathan Thomas, and the Mounds View <br />City Council. <br />Discussion: <br />The intent of the Charter Commission with this resolution is to clarify language in the charter <br />relating to the Taxation and Finances in Chapter 7 of the Mounds View City Charter. <br />Consistent with state law, the ordinance would go into effect 90 days after unanimously being <br />adopted by the City Council. The ordinance requires a public hearing, which will be scheduled for <br />Monday, April 24, 2006 at 7:05pm. <br />Recommendation: <br />Staff recommends the City Council introduce and accept the first reading of Ordinance 772. Also <br />attached is the summary of the Ordinance. If this Ordinance were to be approved at the April 24, <br />2006 City Council Meeting, then only the summary would be published. <br />Respectfully submitted, <br />Desaree Crane <br />Attachments: <br />1. Charter Commission Resolution 2005-02 <br />2. Ordinance 772 <br />