1. The electors shall have the power to approve or reject at the polls any Ordinance or Resolution passed by Council, except as hereinafter provided.
2. Within thirty (30) days after the final passage date of an Ordinance or Resolution, a petition signed by at least ten percent (10%) of the votes cast within the City in the most recent Governor's election may be filed with the Clerk of Council, requesting that such Ordinance or Resolution either be repealed or submitted to a vote of the electors. When such petition is filed, the Clerk shall first ascertain the sufficiency of the petition, and if found sufficient, Council shall, within thirty (30) days of the filing of such petition, reconsider such Ordinance or Resolution. If upon such reconsideration the Ordinance or Resolution is not repealed, Council shall provide for submitting it to a vote of the electors at the next regular election if one occurs in not less than ninety (90) days from the date Council, upon reconsideration, fails to repeal the Ordinance or Resolution, or at a special election to be held in not more than one hundred twenty (120) days from the date Council, upon reconsideration, fails to repeal the Ordinance or Resolution. No such Ordinance or Resolution shall go into effect until approved by a majority of those voting thereon. When Council is required to pass more than one (1) Ordinance or Resolution necessary to complete a legislative objective, the referendum provision shall apply only to the first Ordinance or Resolution required to be passed and not to any subsequent Ordinance or Resolution relating thereto. Ordinances providing for tax levies or for improvements petitioned for by the owners of a majority of the property to be specially assessed therefor, appropriation Ordinances limited to the subject of appropriations and emergency or urgent Ordinances and Resolutions, shall not be subject to referendum, but all other Ordinances and Resolutions shall be subject to referendum.
3. Ordinances and Resolutions submitted to Council by initiative petition and passed by Council either with or without change, but not required to be submitted to a vote of the electors, shall be subject to referendum in the same manner as other Ordinances and Resolutions.