The city cannot sell or otherwise dispose of a city-owned public utility unless it includes the full terms of the sale or other disposition in an ordinance approved by a majority of the registered voters voting on it at a general or special election. Any sale, lease, or abandonment are subject to the requirements of law.
(Section 11.05 amended September 13, 1988 by Special Election; Ord. 2004-8, passed 4-5-2004)