Does the City Charter give citizens the power to petition for direct legislation?

The City Charter gives citizens the right to petition for an initiative by proposing an ordinance that does not conflict with any laws, the Constitution of the State of Texas, or the Charter.  The proposed ordinance may not appropriate money or authorize the levying of a tax. An ordinance proposed by the people may be submitted to the Council by petition.  The petition should be signed by at least 10% of the qualified voters in the City of Victoria.

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1. Does the City Charter give citizens the power to petition for direct legislation?
2. What does the petition need to say?
3. What happens after the petition is filed?
4. What action is the City Council required to take if the petition is certified?