There is hereby reserved to the city every right and power which is required to be herein reserved or provided by any ordinance of the city, and the grantee, by its acceptance of any franchise, agrees to be bound thereby and to comply with any action or requirements of the city in its exercise of such right or power heretofore or hereafter enacted or estab-lished so long as any action or requirement of the city hereafter enacted or established does not materially increase the obligations or burdens assumed by the grantee pursuant to this chapter.
('66 Code, § 5-5.11) (Ord. 590-C-S, passed 9-11-84)