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CHAPTER 7. TAXATION AND FINANCES ................................................................ 22 <br />Section 7.01. Council to control finances ................................................................... 22 <br />Section 7.02. Fiscal year ............................................................................................. 22 <br />Section 7.03. System of taxation ................................................................................. 22 <br />Section 7.04. Submission f budget .............................................................................. 22 <br />Section 7.05. Capital improvement program .............................................................. 24 <br />Section 7.06. Council action on budget ...................................................................... 24 <br />Section 7.07. Enforcement of the budget .................................................................... 25 <br />Section 7.08. Alterations in the budget ....................................................................... 26 <br />Section 7.09. Funds ............................................................. <br />........................................ 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 SPECIAL ASSESSMENTS ............. 29 <br />Section 8.01. Power to make improvements and levy assessments ............................ 29 <br />Section 8.02. Assessments for services ....................................................................... 29 <br />Section 8.03. Local improvement procedure .............................................................. 29 <br />CHAPTER 9. EMINENT DOMAIN ................................................................................ 30 <br />Section 9.01. Acquisition of property ......................................................................... 30 <br />CHAPTER 10. FRANCHISES ......................................................................................... 31 <br />Section 10.01. Franchises required ............................................................................... 31 <br />Section 10.02. Term ........................................................................ <br />.............................. 31 <br />Section 10.03. Public hearing ....................................................................................... 32 <br />Section 10.04. Power of regulation reserved ................................................................ 32 <br />Section 10.05. Renewals or extensions ......................................................................... 32 <br />CHAPTER 11. PUBLIC OWNERSHIP AND OPERATION OF UTILITIES ............... 33 <br />Section 11.01. Acquisition and operation utilities ........................................................ 33 <br />Section 11.02. Regulations and rates ............................................................................ 33 <br />Section 11.03. Lease of plant ........................................................................................ 34 <br />Section 11.04. Sale of public utility .............................................................................. 34 <br />CHAPTER 12. GENERAL PROVISIONS ...................................................................... 35 <br />Section 12.01. 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 to make charter effective ................................................... 38 <br />Section 12.11. Present officers continued ..................................................................... 38 <br />Section 12.12. This charter becomes effective , 19 ........................ 38 <br />092000.doc ii <br />