Any five (5) qualified voters may commence initiative or referendum
proceedings by filing with the City Clerk an affidavit stating they
will constitute the petitioners' committee and be responsible for
circulating the petition and filing it in proper form, stating their
names and addresses and specifying the address to which all notices
to the committee are to be sent, and setting out in full the proposed
initiative ordinances or citing the ordinance sought to be reconsidered.
Promptly after the affidavit of the petitioners' committee is
filed, the Clerk shall issue the appropriate petition to the petitioners'
committee.
When a referendum petition is filed with the City Clerk, the
ordinance sought to be reconsidered shall be suspended from taking
effect. Such suspension shall terminate when:
1. There is a final determination of insufficiency of the petition,
or
2. The petitioners' committee withdraws the petition, or
3. The Council repeals the ordinance, or
4. Certification of the election results.