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HomeMy WebLinkAboutCity Council Ordinance 1996-09CITY OF PLYMOUTH HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 96-9 AN ORDINANCE AMENDING THE PLYMOUTH CITY CHARTER CONCERNING TAXATION WHEREAS, Mum. Sta. §410.12, Subd. 5 authorizes the City Council to propose charter amendments to the voters by ordinance. THE CITY OF PLYMOUTH ORDAINS. SECTION 1. Chapter 7 of the City Charter is amended by adding Section 7.15 to read: 7.15 Increase in Tax Rate. A two-thirds majority of all members of the Council is required to adopt a tax levy resolution that increases the City's tax rate over the prior year. Tax rate means the quotient derived by dividing the City's tax levy by the City's net tax capacity. SECTION 2. Effective Date. This ordinance shall become effective only when approved by the voters as provided in Minn. Stat. §410.12, Subd. 4. ADOPTED by the City Council this 15th Day of May, 1996. 7 J�ce n Ti rney, Mayor ATTEST: Laurie F. Ahrens, City Clerk