In addition to the conditions and limitations imposed by § 182
of this article, any such proposed sale, lease, exchange or other
disposition of any municipally owned electric plant and/or gas plant,
as defined and contemplated by said section, shall also be ratified by
the affirmative vote of a majority of such persons, residing within the
corporate limits of such municipal corporation and eligible to vote at
the last preceding regular election therein for municipal officers, who
shall cast ballots at a special election for that purpose, to be
arranged for and held at such time and place within such municipal
corporation and in such manner as such municipal corporation shall
prescribe, provided and on condition that a written petition to such
municipal corporation requesting it to arrange for and hold such
special election for such ratification or disapproval of any such sale,
lease, exchange or other disposition, shall be signed by at least ten
percent of the voters in such municipal corporation, qualified as
aforesaid in this section, and shall be delivered to said municipal
corporation within thirty days after the date of publication of the
second notice required by § 182; and if any such sale, lease, exchange
or other disposition shall be ratified as aforesaid at such special
election, then such municipal corporation shall forthwith execute all
transfers or other title papers necessary to consummate and effectuate
any such sale, lease, exchange or other disposition. But if no such
petition for a special election be signed and delivered to said
municipal corporation, as aforesaid, within the said period of thirty
days after the date of publication of the second notice required by
said § 182, as aforesaid, then ratification of any such proposed sale,
lease, exchange or other disposition by said voters, as heretofore
authorized in this section, shall not be required and no such special
election for that purpose shall be held, and any such municipal
corporation shall forthwith execute all transfers or other title papers
necessary to consummate and effectuate any such sale, lease, exchange
or other disposition, and any such sale, lease, or other disposition
shall be as valid and effective as though the same had been actually
ratified by the said voters at a special election petitioned for and
held as herein authorized; and provided further, that nothing contained
in said § 182 or in this section shall in any way be construed to
qualify, limit or abridge the power and authority, now or hereafter
conferred upon any such municipal corporation by its charter or by
special act of the General Assembly, to sell, lease, exchange or
otherwise dispose of any such electric plant and/or gas plant, or to
qualify, limit or abridge the manner of exercise of such power and
authority as prescribed in any such charter or special act, and
provided further, that nothing contained in § 182 or in this section
shall apply to Washington County, Talbot County, or the municipalities
of Centreville, Snow Hill, Rock Hall, Hagerstown and
Berlin.
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