The regular meetings of the City Council shall be held on the second and fourth Wednesday of each month, to commence at 6:00 p.m., with closed session as the first item on the agenda. In the event there is no closed session on the agenda, the regularly scheduled meeting shall commence at 7:00 p.m. Regular study sessions of the City Council shall be held as determined by enactment of the City Council. When the day for any regular meeting falls on a legal holiday, no meeting shall be held on such holiday; but the regular meeting shall be rescheduled for the same hour on a day to be designated by the City Council.