Notwithstanding the affirmation and adoption of the purposes of the State Act and further the specific adoption of the selected, statutory sections which were immediately hereinbefore set forth in Section 2-74 hereof, the Council specifically finds that certain statutory provisions of the aforesaid State Act are either inapplicable to the administration of this article or would otherwise be unduly burdensome for the City to require and administer, and specifically, the Council finds that the purposes of the State Act and of this article can be effectively executed at the municipal level without the specific adoption and incorporation of the statutory provisions of Chapter 6B, Article 2, Sections 6 and 7 of the West Virginia Code respecting financial disclosure, and Chapter 6B, Article 3 regarding the regulation and registration of lobbyists, and which said statutory provisions the Council hereby expressly opts not to include as provisions of this article, and affirmatively elects that such provisions shall not apply to this City and its officers and employees.