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CONFLICT OF INTEREST PETITION <br />Page -2- <br />(See attached Summary of Municipal Election.) Therefore, a <br />petition with at least 292 signatures is required to make an <br />initiative or referendum petition sufficient and allow such <br />petition to be placed on the next scheduled election ballot. At <br />least 582 signatures are required to allow an initiative or <br />referendum petition to be placed on a ballot at a special election. <br />The petition titled, "Conflict of Interest" has 201 qualifying <br />signatures. This is not sufficient to require that the matter be <br />placed on a ballot. <br />OPTIONS <br />1. Adopt Resolution No. 95 - 38 Determining that the Petition <br />Entitled, "Conflict of Interest" is Insufficient and directing <br />the Clerk -Treasurer to deliver a copy of the petition, <br />together with a written statement of its defects to the <br />sponsoring committee. <br />RECOMMENDATION <br />Option No. 1 <br />