Any ordinance or resolution passed by Council shall be signed by the President of Council and presented to the Mayor by the Clerk of Council. If the Mayor approves such ordinance or resolution, he shall sign it within ten (10) days after its passage or adoption by Council. If he does not approve it, he shall veto it and return it to Council within ten (10) days by delivery to the Clerk of Council, together with a written statement of his reason or reasons for vetoing, which shall be entered in full in the journal of Council. The Mayor may approve or veto the whole or any item of an ordinance appropriating money, but otherwise his approval or veto shall be addressed to the entire ordinance or resolution. If the Mayor does not, within the time specified, sign or veto an ordinance or resolution after its passage, it shall take effect in the same manner as if he had signed it. When the Mayor vetoes an ordinance or resolution or item of it, as herein provided, Council may, but in no event later than the next regular meeting occurring not less than fourteen (14) days after notice of the veto is presented to the Clerk of Council, reconsider it and adopt it by an affirmative vote of at least two-thirds (2/3) of the members elected to Council; in such event, it shall take effect as if it had on that day received the signature of the Mayor. In all such cases, the votes shall be taken by yeas and nays and entered by name in the journal.