Sec. 4.06 Content of Emergency Legislation.
   Each emergency ordinance or resolution shall determine that the ordinance or resolution is necessary for the immediate preservation of the public peace, health, safety, or welfare, or to meet an emergency in the government of the Municipality, and shall contain a statement of the necessity for the emergency. No ordinance or resolution granting a franchise or fixing rates to be charged by an investor owned public utility and/or public utility shall be passed as an emergency measure.