In addition to other acts required by law or by specific provision of this Charter to be done by ordinance, those acts of the City Council shall be by ordinance which:
1. Adopt or amend an administrative code or establish, alter, or abolish any City department, or agency;
2. Provide for a fine or other penalty or establish a rule or regulation for violation of which a fine or other penalty is imposed;
3. Levy taxes;
4. Grant, renew or extend a franchise;
5. Regulate the rate charged for its services by a public utility;
6. Authorize the borrowing of money;
7. Convey or lease or authorize the conveyance or lease of any lands of the City;
8. Regulate land use and development;
9. Amend or repeal any ordinance previously adopted; and,
10. Adopt an annual budget.
Acts other than those referred to in the preceding sentence may be done either by ordinance or by resolution.