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CHAPTER 7. TAXATION AND FINANCES ................................................................ 22 <br />Section 7.01. Council to control fmances . .................................................................. 22 <br />Section7.02. Fiscal year . ............................................................................................ 22 <br />Section 7.03. System of t�ation ................................................................................. 22 <br />Secrion 7.04. Submissian f budget .............................................................................. 22 <br />Section 7.45. Capital improvement program . ............................................................. 24 <br />Section 7.06. Council action an budget . ..................................................................... 24 <br />Section 7.07. Enforcement of the budget .................................................................... 25 <br />Section 7.08. Alterations in the budget ....................................................................... 26 <br />Section7.09. Funds .................................................................................................__.. 26 <br />Section 7.10. City indebtedness .................................................................................. 27 <br />Section 7.11. Anticipation certificates . ....................................................................... 27 <br />Section 7.12. Emergency debt certificates .................................................................. 28 <br />CHAPTER 8. PUBLIC IMPROVEMENTS AND SP�CIAL ASSESSMENTS ............. 29 <br />Section 8.01. Power to make improvements and levy assessments ............................ 29 <br />Section $.02. Assessments for services ....................................................................... 29 <br />Section 8.03. Local improvement procedure . ............................................................. 29 <br />CHAPTER 9. EMINENT DOMAIN ................................................................................ 30 <br />Section 9.Q1. Acquisition of property ......................................................................... 3Q <br />CH�-ll'TER 10. FRANCHISES ......................................................................................... 31 <br />Section 10.01. Franchises reyuired . .............................................................................. 31 <br />SectionI0.02. Tcrm ...................................................................................................... 31 <br />Section 10.03. Pubiic hearing . ...................................................... ... 32 <br />Section 10.04. Power of regulation reserved . ............................................................... 32 <br />Section 10.05. Renewals or extensions ..................................................................._..... 32 <br />CHf1PTER 11. PUBLIC OWN�RSHIP AND OPERATION OF UTILTTIES ............... 33 <br />Section i 1.01. Acquisition and operation utilities ........................................................ 33 <br />Section 1 I.02. Regulations and rates . ........................................................................... 33 <br />Section 11.03. Lease of glant ...............•---•-•--.............................---•............................... 34 <br />Section 11.0�. Sale of public utility ............................................................................... 34 <br />CHAPTER I2. GENERAL PROVISIONS ...................................................................... 35 <br />Section 12.Oi. OfFicial publication ............................................................................... 35 <br />Section 12.02. Oath of office . ....................................................................................... 35 <br />Section 12.03. Official bonds ........................................................................................ 35 <br />Section 12.04. Official interest in contracts .................................................................. 36 <br />Section 12.05. Sale of real property .............................................................................. 36 <br />Section 12.06. Vacation of streets ........................................................................•._...... 37 <br />Section 12.07. City to succeed to rights and obligations of former city ....................... 37 <br />Section 12.08. Existing ordinances continued . ............................................................. 37 <br />Section 12.09. Pending condemnations, improvements and assessments . ................... 37 <br />Section 12.10. Ordinances ta make charter effective . .................................................. 38 <br />Section 12.11. Present officers continued ..................................................................... 3 8 <br />Section 12.12. This charter becomes effective , 19 ........................ 38 <br />092000.doc Xl <br />