SECTION 5.03.  DETERMINATION OF SUFFICIENCY.
   The sponsoring committee shall file the completed petition in the office of the City Clerk. For determining the required number of signatures, the term “base” shall be defined as the number of registered voters at the time of the last regular municipal election. At least five percent (5%) of the base shall be required to make an initiative or referendum petition sufficient and allow such petition to be placed on the next scheduled election ballot as determined by Section 5.05 or 5.07. At least ten percent (10%) of the base shall be required to allow an initiative or referendum petition to cause, as determined by Section 5.05 or 5.07, a special election to be scheduled within one hundred twenty (120) days of said petition’s filing so that said petition can be placed before the voters. At least fifteen percent (15%) of the base shall make a recall petition sufficient so as to cause a special election as noted in Section 5.08. Immediately upon receipt of the petition, the City Clerk shall examine the petition as to its sufficiency and report to the Council within ten (10) days. Upon receiving the report, the Council shall determine by resolution the sufficiency of the petition.
(Amended 5-27-2003)