If more than two (2) candidates in the primary election qualify to have their names placed upon the general municipal election ballot because of a tie vote, then the board of canvassers shall determine by lot which two are elected to run in the general election. If two (2) or more candidates in a general municipal election receive an equal number of votes, the board of canvassers shall determine by lot which one is elected to the office. The Commission shall prescribe the method, time and place of the drawing and provide each interested candidate with written notice of the drawing. A proposition that receives an equal number of votes favoring and opposing it shall be deemed defeated.