‘Sec. 5. Referendum; effective date. This Act takes effect when approved only for the purpose of permitting its submission to the legal voters of the Town of Bar Harbor at an election called for that purpose and held within 2 years after the effective date of this Act. The election must be called, advertised and conducted according to the law relating to municipal elections. The registrar shall make a complete list of all the eligible voters of the Town of Bar Harbor as described in this Act. The list prepared by the registrar governs the eligibility of a voter. For the purpose of registration of voters, the registrar of voters must be in session the next regular workday preceding the election. The subject matter of this Act is reduced to the following question:
"Shall 'An Act To Create the Bar Harbor Port Authority,' as passed by the Second Regular Session of the 128th Legislature, be accepted?"
The voters shall indicate by a cross or check mark against the word "Yes" or "No" their opinion of the same.
Upon its acceptance by a majority of the legal voters voting at the election, this Act takes effect for all other purposes, as long as the total number of votes cast for and against the acceptance of this Act equals or exceeds 20% of the total number of votes cast for Governor in the town at the last gubernatorial election. Another election may be held, if the total number of votes cast in the first election does not equal or exceed 20%.
The result of the election must be declared by the municipal officers of the Town of Bar Harbor and due certificate filed by the town clerk with the Secretary of State.’