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What are the reasons for organizing the October 2017 moderator election?

@arjafi has detailed some reasons that require the organization of elections in SE communities. What conditions have been met that triggered the organization of this election? Is is that some current moderators have decided to resign, or have been removed from duty? Is it because of an increase in the work that moderators are facing, caused by a corresponding increase in the MSE activity? Is it something else?