65 ILCS 5/11-122-8

(65 ILCS 5/11-122-8) (from Ch. 24, par. 11-122-8)

Sec. 11-122-8.

Any city having a population of less than 500,000
which has constructed, acquired, or purchased street railways under "An
Act to authorize cities to acquire, construct, own, operate and lease
street railways, to provide the means therefor, and to provide for the
discontinuance of such operation and ownership," approved May 18, 1903,
as amended, or under this Division 122, by ordinance of the city council
may provide for the discontinuance of their operation and maintenance
and may provide for the sale or disposal, in such manner as the city
council may determine, of the property and equipment so constructed,
acquired, or purchased.

This ordinance shall not become effective until the question of its
adoption is certified by the clerk and submitted to a referendum vote
of the electors of the city at an election designated in the ordinance.
At that election, the ordinance shall be submitted without alteration to
the vote of the electors of the city.

The question
shall be in substantially the following form:

--------------------------------------------------------------

    Shall the ordinance (stating       YES
the nature of the proposed        ----------------------------
ordinance) be adopted?                 NO
--------------------------------------------------------------

If a majority of the electors voting on the question of the adoption
of the proposed ordinance vote in favor thereof, the ordinance shall
thereupon become a valid and binding ordinance of the city.

Prior to the election upon this ordinance, the city clerk shall have
the ordinance published at least once in one or more newspapers
published in the city, or, if no newspaper is published therein, then in
one or more newspapers with a general circulation within the city. This
publication shall be not more than 30 nor less than 15 days in advance
of the election.

(Source: P.A. 81-1489.)