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<br /> Page 3 of 4 <br /> election. For a petition to be sufficient, the required number of signatures shall be a <br />percentage of that number. <br /> <br />• Petitions for Initiative and Referendum require at least 15 percent. <br />• Petitions for Recall, at least 25 percent. <br /> Within 10 working days of receipt of the petition, the Clerk-Administrator shall determine <br />its sufficiency. Upon final determination of sufficiency, the Clerk-Administer shall report <br />the date of the determination and its sufficiency to the Council at or before the next <br />regularly scheduled meeting. Upon receipt of the report, the Council shall immediately <br />declare the sufficiency of the petition by resolution including the reported date of <br />determination of sufficiency. <br /> <br /> Section 5.04. Disposition of Insufficient or Irregular Petition. If the Clerk- <br />Administrator determines that the sufficiency of a petition cannot be declared, it shall be <br />determined to be insufficient or irregular. The Clerk-Administrator shall deliver a copy of <br />the petition, together with a written statement of its defects, to the sponsoring <br />committee. The committee shall have 30 calendar days in which to file additional <br />signature papers and/or to correct the specified irregularity. Within five working days of <br />receipt of the corrected petition, the Clerk-Administrator shall determine the sufficiency <br />of the petition as corrected and proceed as directed in Section 5.03. If the petition is still <br />insufficient or irregular, this shall be considered the Final Finding and the Clerk- <br />Administrator shall file the petition as noted and immediately notify the sponsoring <br />committee that no further action will be taken. The final finding that the petition is <br />insufficient or irregular shall not prejudice the filing of a new petition for the same <br />purpose. Except in the case of a petition for recall, it shall not prevent the Council from <br />referring the subject matter of the petition to the voters at the next regular or special <br />election. <br /> <br /> Section 5.05. Initiative. Any ordinance may be proposed by a petition. The exact <br />text of the proposed ordinance must be stated at the head of each page of the petition. <br />The Council must act upon the proposed ordinance within 60 calendar days after final <br />determination of the petition’s sufficiency under the provisions of Section 5.03 of this <br />chapter. The Council may amend the proposed ordinance and must provide such <br />amendments to the petition committee. A majority of the sponsoring committee of the <br />petition may disapprove the amended form by filing a statement with the Clerk- <br />Administrator within 14 calendar days of the receipt of the amended ordinance. If the <br />sponsoring committee does not file disapproval, the ordinance is not required to be <br />submitted to the voters for enactment. Upon filing a statement of disapproval, the <br />proposed ordinance, as stated on the original petition, must be placed on the ballot at <br />the next election occurring in the City. If there is no regularly scheduled election within <br />120 calendar days of the determination of sufficiency or if the calendar date prohibits <br />compliance with provisions in Chapter 4 of this Charter, at or before its next regularly <br />scheduled meeting, the Council shall call a special election to take place within 90 <br />calendar days of said meeting. If the ordinance receives a majority vote in its favor, it