A charter (charter) is hereby issued by the city to the corporation. The charter grants to the corporation all powers authorized by the act. A charter, a copy of which is attached to the ordinance codified herein, has been presented to the city council for inclusion in the minutes of the meeting where this ordinance is being adopted and is incorporated herein by reference. The charter is hereby approved pursuant to Idaho Code section 50-2703(1), as amended. The charter may be amended from time to time by the city council. The existence of the corporation commences at the time the enactment of this ordinance becomes effective. (Ord. 942 § 1, 2006)