The Council may provide for the passage or amendment of any tax abatement by ordinance or resolution. Before any such ordinance or resolution shall be passed or amended, a public hearing shall be held on such ordinance or resolution. Notice of such public hearing shall be announced at a regularly scheduled Council meeting with the public hearing scheduled for the next regularly scheduled work session. Council may not act on said abatement until the next regularly scheduled Council meeting. In addition, notice of the public hearing shall be given to the Superintendent of the School District and the Board of Education at least seven (7) days prior to the public hearing. The Board of Education shall give its recommendation on the proposed ordinance or resolution on or before the public hearing.
(Enacted 11-5-91)