KRS 107.740: Recall of ordinance creating privatization project.

(1) Any ordinance creating a privatization project pursuant to KRS 107.720 to 107.760,

which provides for the transfer of ownership of an existing publicly -owned facility

to a private owner or private owner/operator, shall be subject to being recalled

pursuant to the public question procedure set out in KRS 83A.120, except that such

recall procedure shall not apply to an expansion of an existing facility. Upon the

receipt of a petition requesting recall, the ordinance shall be suspended from going

into effect pending the result of the election. If a majority of the votes cast upon the

question is in the negative the ordinance shall not go into effect. If a majority of the

votes cast upon the question is in the affirmative, the ordinance shall go into effect

in accordance with its terms.