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Within 10 working days of receipt of the petition, the Clerk -Administrator shall determine its <br />sufficiency. Upon final determination of sufficiency, the Clerk -Administer shall report the date of <br />the determination and its sufficiency to the Council at or before the next regularly scheduled <br />meeting. Upon receipt of the report, the Council shall immediately declare the sufficiency of the <br />petition by resolution including the reported date of determination of sufficiency. <br />Section 5.04. Disposition of Insufficient or Irregular Petition. If the Clerk -Administrator <br />determines that the sufficiency of a petition cannot be declared, it shall be determined to be <br />insufficient or irregular. The Clerk -Administrator shall deliver a copy of the petition, together with <br />a written statement of its defects, to the sponsoring committee. The committee shall have 30 <br />calendar days in which to file additional signature papers and/or to correct the specified <br />irregularity. Within five working days of receipt of the corrected petition, the Clerk -Administrator <br />shall determine the sufficiency of the petition as corrected and proceed as directed in Section <br />5.03. If the petition is still insufficient or irregular, this shall be considered the Final Finding and <br />the Clerk. -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 insufficient or <br />irregular shall not prejudice the filing of a new petition for the same purpose. Except in the case <br />of a petition for recall, it shall not prevent the Council from referring the subject matter of the <br />petition to the voters at the next regular or special election. <br />Section 5.05. Initiative. Any ordinance may be proposed by a petition. The exact text of <br />the proposed ordinance must be stated at the head of each page of the petition. The Council <br />must act upon the proposed ordinance within 60 calendar days after final determination of the <br />petition's sufficiency under the provisions of Section 5.03 of this chapter. The Council may <br />amend the proposed ordinance and must provide such amendments to the petition committee. A <br />majority of the sponsoring committee of the petition may disapprove the amended form by filing a <br />statement with the Clerk -Administrator within 14 calendar days of the receipt of the amended <br />ordinance. If the sponsoring committee does not file disapproval, the ordinance is not required to <br />be submitted to the voters for enactment. Upon filing a statement of disapproval, the proposed <br />ordinance, as stated on the original petition, must be placed on the ballot at the next election <br />occurring in the City. If there is no regularly scheduled election within 120 calendar days of the <br />determination of sufficiency or if the calendar date prohibits compliance with provisions in Chapter <br />4 of this Charter, at or before its next regularly scheduled meeting, the Council shall call a special <br />election to take place within 90 calendar days of said meeting. If the ordinance receives a <br />majority vote in its favor, it shall become effective 30 calendar days after adoption unless the <br />ordinance specifies a later effective date. <br />Section 5.06. Initiative to Amend the Charter. Nothing in this chapter shall be construed <br />as in any way affecting the right of the voters to propose amendments to this charter. <br />Section 5.07. Referendum. Prior to the date when an ordinance takes effect, it may be <br />subjected to a referendum by a petition which shall state at the head of each page the exact text <br />of the measure to be considered by the voters. If the petition is found to be sufficient under the <br />provisions of Section 5.03 of this chapter, said ordinance shall thereby be prevented from <br />enactment, and the subject matter of the petition shall be placed on the ballot at the next election <br />occurring in the City. If there is no regularly scheduled election within 120 calendar days of the <br />determination of sufficiency or if the calendar date prohibits compliance with provisions in Chapter <br />4 of this Charter, upon declaration of sufficiency, the Council shall immediately call a special <br />Page 2 of 3 , /;,) <br />V