§ 9-906 Reconsideration of act or resolution upon submission to referendum. At any time after the adoption of an act or resolution and not later than fifteen days prior to the election, the board of trustees of the village may reconsider its action thereon and if upon such reconsideration the said act or resolution is repealed, the proposition for its approval shall not be submitted at such election or if submitted, the vote of the electors thereon shall be without effect.