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Draft #2 <br /> utility to a responsible person , co-partnership or corporation . <br /> 111 The lease contract must be adopted pursuant to a regularly-adopted <br /> ordinance and must include the rates and conditions of operation . <br /> This contract will not exceed ten years . <br /> Section 11 . 05 Sale of Public Utility . The full terms of <br /> the sale or disposition of any city owned public utility , including <br /> the sales price , must be stated in an ordinance . This ordinance <br /> must be approved by a majority of the registered voters voting <br /> on the ordinance at a general or special election . The Council <br /> must hold a public hearing with notice as described in Section <br /> 11 . 06 before the ordinance is submitted to a vote . <br /> Section 11 . 06 Notice of Public Hearing . The City Council <br /> • must publish notice of any public hearing required in this Chapter <br /> in at least two places . One notice must be in the official city <br /> newspaper and the other may be a city newsletter or a special <br /> city mailing . Notice must be published at least ten days prior <br /> to the hearing . The Council may also provide additional notice . <br /> • <br />