2-5-505: ECONOMIC ANALYSIS:
Unless reported as provided below, at the conclusion of the negotiation process, the city council shall obtain from a consultant who is not an employee, a fiscal impact analysis of the final proposed memorandum of understanding or amendment to memorandum of understanding analyzing the costs of the final proposal being presented to the city council.
If a fiscal impact analysis is not obtained as required by this section, then this fact must be reported orally at the meetings of the city council at which the memorandum of understanding or amendment is considered. (Ord. 13-O-2651, eff. 1-17-2014; amd. Ord. 15-O-2697, eff. 12-15-2015; Ord. 16-O-2698, eff. 2-5-2016)