1. Proceedings to sell or lease a county-owned telephone system may be instituted by: (a) Twenty-five percent or more of the freeholders of the county filing a petition with the board of county commissioners requesting the sale or lease of the system; or (b) The adoption of a resolution by the board of county commissioners proposing to evaluate the propriety of receiving offers for the sale or lease of the system and to receive offers. 2. After receipt of a petition provided for in paragraph (a) of subsection 1, the board of county commissioners shall cause the proposal contained in the petition to be placed upon the ballot of the next primary or general election for acceptance or rejection by the registered voters of the county. 3. The adoption of a resolution pursuant to the provisions of paragraph (b) of subsection 1 does not require a sale or lease to be completed by the board of county commissioners.
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