The laws of Ohio relating to budgets, appropriations, taxation, debts, bonds, notes, assessments and fiscal matters of the Municipality shall be applicable to the Municipality; except as modified by or inconsistent with the provisions of this Charter, or when provision therefor is made in the Constitution of Ohio.
The Council may annually levy a sufficient sum to prevent any deficiency in the payment of interest, sinking fund and retirement charges on all bonds and notes of the Municipality lawfully issued and the expenses incident to the management of the sinking fund, caused by a temporary loss of revenue or emergency expense or unforeseen circumstances. Said levy shall be outside of the limitations provided in this Charter.
Violation of any law of Ohio concerning prohibited interests by officers and employees of the municipality in any contract or expenditure made by the municipality shall constitute malfeasance in office and the offending officer or employee may be removed from office or the position of employment held with the Municipality.