(A) Effective date. The effective date of this franchise shall be March 10, 2010, or the date on which the Mayor signs the ordinance adopting this franchise, whichever is later.
(B) Duration of franchise. The term of this franchise, and all rights and obligations pertaining thereto, shall be 10 years from the effective date of the franchise (“term”) unless renegotiated or terminated as provided herein. The term shall automatically renew for 2 five-year terms, unless either party provides the other party 180 days advanced written notice of its desire not to renew this franchise prior to the expiration of the initial term or renewal term.
(C) Charter and general ordinances to apply. To the extent authorized by law, this franchise is subject to the Charter of the City of Banks and general ordinance provisions passed pursuant thereto, including those involving underground utilities in subdivisions or partitions, and state statutes and regulations existing during the term. Nothing in this franchise shall be deemed to waive the requirements of the various codes and ordinances of the city regarding permits, fees to be paid that are generally applicable to other similar businesses operating within the city, or the manner of construction.
(Ord. 2010-03-01, passed 3-10-2010; Ord. 2010-04-01, passed 5-13-2010)