Section 4.1 Initiative and Referendum.
The initiative and referendum are reserved by this Charter to the people of the Village, to be exercised as prescribed in this Charter. Electors, not less in number than 1/5 of those who voted at the preceding general election, may by an initiative petition propose to Council the passage of an ordinance or other measure set forth therein, or by a referendum petition propose the repeal of any ordinance or measure passed within the prior 30 days by Council, except as otherwise prescribed in this Charter.