(A) Within ten days after an ordinance, order, or resolution is presented to the Mayor, the Mayor shall:
(1) Approve the ordinance, order, or resolution, by entering the Mayor’s approval on it, signing it, and sending the Common Council a message announcing the Mayor’s approval; or
(2) Veto the ordinance, order, or resolution, by returning it to the Common Council with a message announcing the Mayor’s veto and stating the Mayor’s reasons for the veto.
The Mayor may approve or veto separate items of an ordinance appropriating money or levying a tax.
(B) If the Mayor fails to perform the Mayor’s duty under division (A), the ordinance, order, or resolution is considered vetoed.
(C) Whenever an ordinance, order, or resolution is vetoed by the Mayor, it is considered defeated unless the legislative body, at its first regular or special meeting after the ten-day period prescribed by division (A) of this section, passes the ordinance, order, or resolution over the Mayor’s veto by a two-thirds vote.
(IC 36-4-6-16)