SECTION 12.03 INITIATIVE AND REFERENDUM.
   (A)    Ordinances and resolutions may be proposed by initiative petition and adopted by election in the manner provided by the Constitution and laws of the State of Ohio, except:
      (1)    All initiative and referendum petitions shall be filed with the Clerk of Council, and
      (2)    Ordinances and resolutions initiated by petition shall be submitted to the electors for approval or rejection at the next general or primary election occurring subsequent to ninety days after certification of the text of the proposed ordinance or resolution to the election authorities as established by the general laws of the State of Ohio.
   (B)   Ordinances and resolutions adopted by Council shall be subject to referendum in accordance with procedures established by the general laws of the State of Ohio.