Annexation Election. The Annexor agrees that the Town Ordinance annexing the Property into the Town shall not be effective unless and until the ordinance is referred to the registered electors of the Town of Xxxxx at a regular or special election and such ordinance is approved by a majority of the Town electors voting thereon. The Annexor further agrees that the Town shall take all reasonable steps to schedule a special mail ballot election (“Special Mail Ballot Election”) on Tuesday, August 8, 2017, to refer the annexation ordinance to the registered electors of the Town. In accordance with Section 15-1-340(c) of the LMC, the Annexor shal1pay all costs associated with the Special Mail Ballot Election.