(A) An ordinance passed by Council, before it takes effect, shall be deposited with the City Clerk, and if the Mayor approves it, he or she shall sign the same, and if he or she does not approve it, he or she shall return it to Council, with his or her objections thereto, in writing, at the next regular meeting occurring not less than five days after the passage thereof. The veto may extend to any one or more items or appropriations contained in any ordinance making an appropriation, or to the entire ordinance. If the veto only extends to a part of the ordinance, the residue thereof shall take effect and be in force. If the Mayor fails to return any ordinance with his or her objections thereto by the time set forth in this section, he or she shall be deemed to have approved the ordinance and the same shall take effect accordingly.
(B) Upon the return of any ordinance by the Mayor, the vote by which the same was passed shall be reconsidered by Council. If, after the reconsideration, two-thirds of all the members elected to Council agree, by yeas and nays, to pass the same, it shall go into effect notwithstanding that the Mayor may refuse to approve thereof.
(2000 Code, § 2.02.300)