The City of Bethany, Oklahoma, within the corporate limits as now established or as hereafter may be established, shall continue to be a municipal body politic and corporate in perpetuity under the name of the “City of Bethany.” It shall succeed to and possess all the property, rights, privileges, franchises, powers, and immunities now belonging to the corporation known as the City of Bethany, Oklahoma; and shall be liable for all debts and other obligations for which the corporation is now legally bound.
The City of Bethany, Oklahoma, may not be annexed by or to, or consolidated with any other city or other political subdivision, or merged into a combined county-city government, unless a majority of the qualified electors of the City of Bethany voting on the question approve such annexation, consolidation, or merger; and such question shall be submitted to the qualified electors of the City only by the City Council or by the Mayor on proper initiative petition at a special election; provided that nothing herein shall prohibit the City of Bethany from annexing additional territory to the City as provided by law.