§ 702. Action by council.

Such petition described in section 701 shall be examined by the City Clerk and if it be found sufficient shall certify and submit the ordinance set forth therein to the Council at its next meeting. If the Council fails to pass such ordinance within sixty days after such submission, or passes it in a form different from that set forth in the petition, the committee of petitioners hereinafter provided for may require that it may be submitted to a vote of the electors in its original form. If the committee of petitioners requires the submission of the proposed ordinance to the electors, they shall so certify to the City Clerk within ten days after the final action by the Council or expiration of the sixty-day period.