SECTION 7. EFFECTIVE DATE OF ORDINANCES AND RESOLUTIONS.
   Every ordinance or resolution providing for the appropriation of money or for an annual tax levy or for improvements petitioned for by the owners of a majority of the front footage of the property benefited and to be specially assessed therefor, or providing for the usual and ordinary operation of a municipal department, and any emergency ordinance or resolution necessary for the immediate preservation of the public peace, health or safety, shall take effect, unless a later time be specified therein, upon its signature by the Mayor, or upon expiration of the time within which it may be disapproved by the Mayor, or, upon its passage, after the disapproval by the Mayor, as the case may be. No other ordinance or resolution of a general or permanent nature or involving the expenditure of money or creating a right or obligation shall take effect until thirty (30) days after its final passage by the Council. Every emergency measure shall contain a statement of the necessity for such emergency action in a separate section and shall require the affirmative votes of at least five (5) members of the Council for its enactment. If such an emergency measure fails to receive five (5) affirmative votes but receives a necessary majority for adoption or enactment as a regular measure it shall be considered adopted or enacted as a regular measure unless otherwise provided by the Council. No action of the Council (a) relating to any change in the boundaries of the Municipality, (b) providing for the surrender of any of its powers, (c) granting any franchise or other special privilege, or (d) contracting for the supply to the Municipality or its inhabitants of the product or service of any utility, whether municipally owned or not, or regulating the rate to be charged for its services, shall be taken as an emergency measure.