(A) Term. This franchise ordinance, and the rights, privileges and authority granted hereunder, shall continue for a period of ten years from the effective date.
(B) Effective date. This ordinance shall become effective from and after its passage and publication as provided by NMSA 1978, § 3-42-1, or successor statute; provided that NMUI, before or within 60 days shall have approved this franchise.
(Ord. 1-1994; Am. Ord. 32-2007)