SECTION 2.04  COMPENSATION; EXPENSES.
   The Mayor and members of the City Council shall be compensated for serving in their respective capacities at the rate of fifty dollars ($50.00) per meeting, including all regular, special and emergency meetings; however, such compensation will not exceed the rate of one hundred dollars ($100.00) per month.  The Mayor and members of the City Council shall otherwise serve without compensation or benefits, but they shall receive their actual and necessary expenses incurred in the performance of their duties of office.