§ 16-20. Duration of franchise grant.  


Latest version.
  • The term of the franchise to be granted by the city pursuant to this article shall be for a period of ten years from and after the grant and acceptance date of the franchise to be awarded, subject to the conditions and restrictions as hereinafter provided, and further provided that the mayor and city council shall have the right to review such franchise periodically at such time as the mayor and city council may from time to time elect to do so and as hereinafter provided. Provided further, this franchise will be extended for an additional five-year period unless the city can show cause why such shall not be done.

(Code 1985, § 4-402; Ord. of 4-6-1981)