Sec. 2-42. Ordinances appropriating money and imposing taxes.
(a) Every ordinance or resolution appropriating money exceeding one hundred dollars ($100.00), imposing or releasing taxes, or authorizing the borrowing of money, or donating any property of the city, or increasing any salary or pay of any employee, where the value of such property is one hundred dollars ($100.00) or more, or the aggregate of such increase of salary is one hundred dollars ($100.00) or more for any one (1) year, shall require for its passage an affirmative vote of a majority of the members elected to council.
(b) No ordinance or resolution appropriating money exceeding the sum of one thousand dollars ($1,000.00), imposing taxes or authorizing the borrowing of money, shall be passed on the same day on which it was introduced, nor be valid unless at least three (3) days intervene between its first introduction and final passage.
(c) No ordinance or resolution looking to the appropriation of money, the imposition of taxes or assessments or the contracting of any debt or obligation on behalf of the city, or which creates, continues or revives any appropriation of money or property, or releases or discharges or commutes any claim or demand of the city, shall be passed except by a recorded affirmative vote of a majority of the whole number of members elected to council. (Code 1959, § 2-24)
Last updated date: 10/23/2006 4:15:21 PM