If a proposed ordinance, or one of two (2) alternative ordinances is approved by a majority voting on the issue, it shall become effective ten (10) days after the results of the election are certified, unless a later date is specified in the ordinance. If both of two (2) proposed alternative ordinances are approved, then that proposed ordinance receiving the greatest number of affirmative votes shall become effective ten (10) days after the results of the election are certified.

If an adopted ordinance is not approved by a majority of the voters voting on the issue, it shall cease to be effective ten (10) days after the results of the election are certified, unless the ordinance referring the enacted ordinance to the voters shall specify a later date.