(A) (1) Nothing in this chapter, or any franchise issued pursuant hereto, shall be deemed or construed to impair or affect, in any way, to any extent, the right of the city to acquire any property of the grantee, either by direct purchase or through the exercise of its right of eminent domain. The franchise itself and all of the rights or privileges granted by the franchise, shall have no value assigned to it in the event of the acquisition of the system by an entity having the power of eminent domain.
(2) In the event of acquisition by the city of a system, or a change of grantee, the current grantee shall cooperate with the city, or with a representative appointed by the city, to operate its system for a temporary period in order to maintain continuity of service to all subscribers.
(B) There is reserved to the city every right and power which is required to be herein reserved or provided by any ordinance of the city, and each grantee by its acceptance of a franchise, agrees to be bound thereby and to comply with any action or requirement of the city in its exercise of such rights or power, heretofore or hereafter enacted or established, provided that such requirements are not inconsistent with the terms of this chapter and its franchise.
(C) The granting of a franchise hereunder shall not constitute a waiver or bar to the exercise of any governmental right or power of the city.
('83 Code, § 5.24.120) (Ord. 912, passed - -85)