SECTION 4.04 SALARIES AND BONDS.
   The Council shall fix compensation, sick leave, and annual vacation time for each employee of the City, whether elected, appointed, or chosen and establish bond for the faithful discharge of the duties of the office. Any ordinance or resolution providing for any increase in salary or compensation for any Councilman, the Mayor, the Law Director, the Finance Director, or any other elective office, of more than three percent (3%) shall not become effective, after passage thereof, until Council submits such ordinance or resolution to the electorate at a regular Municipal or general election occurring more than sixty (60) days after the passage of the ordinance or resolution, and such ordinance or resolution is approved by a majority of the electors voting thereon in the City.
   The compensation of all elected officials shall be fixed at least thirty (30) days prior to the filing date of nominating petitions for the terms beginning on the next succeeding first day of January, and shall not thereafter be changed in any respect during any such term or any part thereof. The Council may authorize any officer of the City to make such travel as the Council deems to be in the public interest, and may provide that the expense of such travel be paid by the City.
(Amended November 7, 2000)