This Charter is intended to be flexible and to be changed to meet changing conditions as the City develops, in order that the best interests of those who live and work here may continue to be served. Amendments shall be submitted to the electors by affirmative vote of five (5) members of Council, or shall be submitted upon petition signed by ten percent (10%) of electors not less than seventy-five (75) days prior to the date of an election at which such amendments are to be voted on. If any such amendment is approved by a majority of the electors voting thereon, it shall become a part of the Charter of this City.