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96.183 Termination of operation under KRS 96.171 to 96.188.

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96.183 Termination of operation under KRS 96.171 to 96.188. The governing body of the municipality may terminate the operation and management of <br>the electric and water plant by the board under the provisions of KRS 96.171 to 96.188 <br>only by first complying with the following provisions, to wit: <br>(1) The governing body of the municipality, upon the adoption of an ordinance declaring the desire of the municipality to terminate the operation of the electric and <br>water plant by the board under the provisions of KRS 96.171 to 96.188, may direct <br>that such question be submitted to an election of the qualified voters of the <br>municipality. The mayor shall certify such ordinance to the county clerk not later <br>than the second Tuesday in August preceding the next general election, who shall <br>have prepared to be placed before the voters in the general November election, the <br>question: &quot;Are you in favor of the termination of the operation and management of <br>the electric and water system of the city by the Electric and Water Plant Board?&quot; <br>The voters shall be instructed to indicate a &quot;Yes&quot; or a &quot;No&quot; vote. (2) The mayor of such municipality shall advertise such election and the object thereof by publication pursuant to KRS Chapter 424, and also by printed handbills posted in <br>not less than four (4) conspicuous places in each voting precinct in the city and at <br>the courthouse door. All legal voters of such city shall be privileged to vote at such <br>election. (3) If two thirds (2/3) of all the qualified voters of the municipality voting in said general election on the question shall vote in the affirmative, the governing body of <br>the municipality may adopt an ordinance rescinding its election to operate under the <br>provisions of KRS 96.171 to 96.188, and the board, on the first day of the month <br>following the passage and approval of such ordinance, shall by resolution transfer <br>the operation of the electric and water plant to the governing body of the <br>municipality. Effective: July 15, 1996 <br>History: Amended 1996 Ky. Acts ch. 195, sec. 45, effective July 15, 1996. -- Amended 1982 Ky. Acts ch. 360, sec. 25, effective July 15, 1982. -- Amended 1978 Ky. Acts <br>ch. 384, sec. 220, effective June 17, 1978. -- Amended 1966 Ky. Acts ch. 239, <br>sec. 90. -- Amended 1952 Ky. Acts ch. 44, sec. 5. -- Created 1946 Ky. Acts ch. 212, <br>sec. 15.