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Ordinance No. 1260 7-27-2009ORDINANCE NO. 1260 AN ORDINANCE AMENDING SECTION 7.02 OF THE FRIDLEY CHARTER WHEREAS, the City of Fridley, Minnesota, under the powers vested in it under Minnesota Statutes Section 410 and its own City Charter, has the power to amend its Charter; and WHEREAS, after review and recommendation of the Charter Commission, the City Council has determined the current language of the charter related to restrictions on the tax levy and fee restrictions may cause deep and significant harm to the finances of the City and that a change in charter language is necessary to mitigate future harm from being caused by the charter to the City's finances. IT IS HEREBY ORDAlNED THAT THE CHARTER BE AMENDED AS FOLLOWS: FRIDLEY CITY CHARTER CHAPTER 7. TAXATION AND FINANCES Section 7.02. POWER OF TAXATION 2. The City Council may also levy a tax against real and personal property within the City in addition to said limit as defined in paragraph 1 provided the Council shall: A. Adopt a resolution declaring the necessity for an additional tax levy and specifying the purposes for which such additional tax levy is required. B. Hold a public hearing pursuant to three (3) weeks' published notice in the official newspaper of the City setting forth the contents of the resolution described in Subdivision A. C. Adopt after such public hearing a resolution by an affirmative vote of a least four (4) members of the Council which shall be presented as a clear and concise 'plain language' ballot question at �e-�e� a special or regular municipal election. D. The additional tax levy shall take effect if � a majoritX of the votes cast on the ballot question at said election are in favor of its adoption. PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 27Tx DAY OF JULY 2009. � � SCOTT J. UND, MAYOR ATTEST: J�� DEBRA A. SKOGEN, ITY CLERK Public Hearing: July 13, 2009 First Reading July 13, 2009 Second Reading July 27, 2009 Publicarion August 6. 2009