(1) Within ten (10) days after the enactment of the ordinance, a copy of the ordinance in its entirety shall be published in a newspaper of general circulation in the county or in the designated area.
(2) The ordinance shall be subject to the referendum which may be exercised in the manner prescribed in Arkansas Constitution, Amendment 7, and laws enacted pursuant to Arkansas Constitution, Amendment 7, and the ordinance shall not be effective until the expiration of the time prescribed by the Arkansas Constitution and laws for the filing of referendum petitions.
(3) If at the expiration of the period for filing referendum petitions no petitions have been filed, the ordinance shall become effective.
(4) If referendum petitions have been filed, the ordinance shall be held in abeyance until the election thereon is conducted and the results determined.
(5) If at the election a majority of the qualified electors of the county or the designated area voting on the question vote for the ordinance, it shall become effective.
(6) If a majority of the qualified electors voting on the question at the election vote against the ordinance, it shall be deemed rejected and shall have no force or effect.