Territory shall be detached from the Village only in the manner herein provided. Application for the detachment shall be by petition filed with the Council of the Village. The petition shall contain an accurate description of the territory proposed to be detached, together with an accurate map or plat so described, and shall be signed both by two-thirds in number of the owners of property proposed to be detached and by the owners of two-thirds in tax value of such property. The Council may, thereupon, by a three-fourths vote of the full membership thereof, submit the question of the detachment to a vote of the electors of the Village at the first general election occurring more than sixty days after the passage of the resolution. The resolution shall also set forth the terms and conditions upon which the detachment shall become effective. Thirty days' notice of the submission of such question shall be given by publication in one or more newspapers in general circulation in the Village. If two-thirds of the electors voting at the election upon the question of the detachment shall vote in favor thereof, the detachment may be made upon the terms and conditions set forth in the resolution. The proceedings otherwise shall be as now or hereafter provided by the laws of Ohio.