§ 61.018 TIME IS OF THE ESSENCE. 
   Whenever the agreement shall set forth any time for an act to be performed by or on behalf of the grantee, such time shall be deemed of the essence and any failure of the grantee to perform within the time allotted shall always be sufficient grounds for the city to invoke an appropriate penalty including possible revocation of the franchise.
(Ord. 99-38, passed 7-6-99)