All legislative powers of the Municipality, except as limited by this Charter and the Constitution of the State of Ohio, shall be vested in the Council, and in furtherance thereof, but without limitation thereto, it shall:
(a) Originate, introduce and pass ordinances and adopt resolutions;
(b) Fix the salaries of all officers and employees of the Municipality, whether elected or appointed;
(c) Require and fix bond for the faithful discharge of the duties of office by officers and employees, the premium for which bond may be ordered by the Council to be paid by the Municipality;
(d) Formulate and adopt a budget;
(e) Provide for a bi-annual financial audit by the State;
(f) Authorize the issuance of bonds under the laws of the State of Ohio;
(g) Perform such other duties and exercise such other rights not inconsistent with this Charter as now or hereafter granted to the legislative authority of municipalities by the State of Ohio.
(Amended 11-6-84)