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SEC. 12.03 CITY OFFICERS NOT TO BE INTERESTED IN CONTRACTS.
   Except as otherwise permitted by law, no officer of the city who is authorized to take part in any manner in any contract with the city shall voluntarily have a personal financial interest in such contract or personally benefit financially therefrom.
SEC. 12.04 OFFICIAL BONDS.
   Such officers or employees of the city as may be provided for by ordinance shall each before entering upon the duties of his respective office or employment, give a corporate surety bond to the city in such form and in such amount as may be fixed by the council as security for the faithful performance of his official duties and the safekeeping of the public funds. Such bonds may be either individual or blanket bonds at the discretion of the council. They shall be approved by the city council, and approved as to form by the city attorney, and filed with the city clerk. The provisions of the laws of the state relating to official bonds not inconsistent with this Charter shall be complied with. The premiums on such bonds shall be paid by the city.
SEC. 12.05 SALES OF REAL PROPERTY.
   No real property of the city shall be disposed of except by general ordinance. The city clerk shall give notice by publication for two (2) consecutive weeks that the proposed sale will be considered by the council at a public hearing at a time and place designated therein. The proceeds of any sale of such property shall be used as far as possible to retire any outstanding indebtedness incurred by the city in the purchase, construction, or improvement of this or other property used for the same public purpose, if there is no such outstanding indebtedness, the council may by resolution designate some other public use for the proceeds.
SEC. 12.06 VACATION OF STREETS.
   The council may by ordinance approved by a majority of the full council vacate any street or alley or part thereof within the city. Such vacation may be made only after the city clerk has given notice by publication for two consecutive weeks that the proposed vacation will be considered by the council at a public hearing at a time and place designated therein. A duly certified transcript of such ordinance shall be filed with the appropriate recording officer of the county in which said lands lie.
SEC. 12.07 CITY TO SUCCEED TO RIGHTS AND OBLIGATIONS OF FORMER CITY.
   The city shall succeed to all the property, rights, and privileges, and shall be subject to all legal obligations of the city under any former charter or statute.
SEC. 12.08 PRESENT OFFICERS TO HOLD OFFICE UNTIL TIME HEREIN STATED; ELECTION AND TERMS OF FUTURE MAYORS AND COUNCILMEN.
   To provide for transition to calendar year terms as provided for in this Charter, council and mayor offices standing for election in the 2016 election shall serve for a term ending the first business day of January 2020, at which time these offices shall be filled for four (4) year terms by election in November of 2019 as provided for under this Charter.
   All present elected council offices with terms expiring in January of 2019 shall stand for election in November of 2018 for four (4) year terms commencing first business day of 2019 as provided for under this Charter.
   The Mayor's term expires the first business day of January 2017 and as such the Mayor shall stand for election in November 2016 for a term of four (4) years commencing the first business day of 2017.
(Ord. 556, passed 6-27-2016)
Editor's note:
   This Charter was adopted by the voters on March 9, 1971 and pursuant to § 1.05, became effective 30 days thereafter. Amendments to this Charter were adopted                  , 2016 by the City Council after recommendation by the Charter Commission and pursuant to M.S.A. § 410.012, subdivision 7, became effective 90 days after its passage and publication.
SEC. 12.09 STATUTES NOT AFFECTED BY CHARTER.
   All general laws and statutes of the state applicable to all cities operating under home rule charters, or applicable to cities of the same class as the City of Le Sueur operating under home rule charters, and not inconsistent with the provisions of this Charter, shall apply to the City of Le Sueur, and shall be construed as supplementary to the provisions of this Charter.
SEC. 12.10 EXISTING ORDINANCES AND REGULATIONS CONTINUED IN EFFECT.
   All ordinances and regulations of the city of force when this Charter takes effect and not inconsistent with the provisions thereof, are hereby continued in full force and effect until amended or repealed.
Editor’s note:
   The Charter was adopted by the voters on March 9, 197 1, and, pursuant to § 1.05, became effective 30 days thereafter.