(1) Any ordinance creating a privatization project pursuant to KRS § 107.720 to KRS § 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.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 456, sec. 5, effective July 15, 1986.