An ordinance for which a prospective referendum petition has been submitted to the city elections officer does not take effect during the period of signature collection and signature verification. If petitioners collect the number of City elector signatures required under the Beaverton election code, the ordinance shall take effect only if a majority of the City electors who voted on the referral measure supported the ordinance. In that instance, the ordinance then takes effect when the city elections officer certifies that the measure has passed, or at a later date if specified in the ordinance. If a majority of the City electors who voted on the referral measure did not support the ordinance, the ordinance shall not take effect. [BC 2.06.465, added by Ordinance No. 3980, 4/28/97; BC 2.06.465, repealed and replaced by Ordinance No. 4748, 1/8/19]