(A) The salaries of all elected officials of the Municipality shall be established by Council by ordinance or resolution to be adopted no later than July 1, of each odd numbered year commencing in the year 1981. The salaries so established shall be effective for a two year period beginning January 1, of the even numbered year following the adoption of the ordinance or resolution establishing them and shall apply to all elected officials whether they are beginning their terms or are in midterm. In the event Council shall fail to establish salaries as required in this Section, the salaries in effect for the prior two year period shall remain in effect until changed in accordance with this Section. The initial salary of elected officials under this Charter shall be that salary established for each office and in effect on January 1 1981, and if none have been established, the Council first serving under this Charter shall establish such salaries within ninety days.
(B) In addition to salaries determined pursuant to Division (A) of this Section of the Charter, the Council may authorize, by ordinance or resolution, other compensation to elected officials in the form of fringe benefits. Such other compensation need not be authorized in the manner and at the times as provided in Division (A) of this Section of the Charter, and such other compensation shall not constitute a change in compensation that is prohibited by this Charter or the general laws of Ohio. Benefits to be paid to or on behalf of elected officials pursuant to insurance contracts or similar plans which require the payment of monies as an insurance or similar premiums, and such premiums, are included in such other compensation authorized by this Division (B ) of this Section of the Charter.
(C) In addition to salaries and other compensation, the Council may, at any time, authorize the payment of the expenses of elected officials from the monies of the Municipality for purposes and in the manner provided by ordinance or resolution. The payment of expenses of elected officials shall not constitute a change in compensation that is prohibited by this Charter or the general laws of Ohio.