Art 11 - Sec 5
Article 11 - MUNICIPAL CORPORATIONS
Section 5 - CITIES OF MORE THAN 5,000 POPULATION; ADOPTION OR AMENDMENT OF CHARTERS; TAXES; DEBT RESTRICTIONS
Cities having more than five thousand (5000) inhabitants may, by a majority vote of the qualified voters of said city, at an election held for that
purpose, adopt or amend their charters. If the number of inhabitants of cities that have adopted or
amended their charters under this section is reduced to five thousand (5000) or fewer, the cities still
may amend their charters by a majority vote of the qualified voters of said city at an election held
for that purpose. The adoption or amendment of charters is subject to such limitations as may be
prescribed by the Legislature, and no charter or any ordinance passed under said charter shall contain
any provision inconsistent with the Constitution of the State, or of the general laws enacted by the
Legislature of this State. Said cities may levy, assess and collect such taxes as may be authorized
by law or by their charters; but no tax for any purpose shall ever be lawful for any one year, which
shall exceed two and one-half per cent. of the taxable property of such city, and no debt shall ever
be created by any city, unless at the same time provision be made to assess and collect annually a
sufficient sum to pay the interest thereon and creating a sinking fund of at least two per cent. thereon.
Furthermore, no city charter shall be altered, amended or repealed oftener than every two years.
(Amended Aug. 3, 1909, Nov. 5, 1912, and Nov. 5, 1991.)