(A) The rights, privilege and franchise hereby granted shall be for a period of 5 years from January 1, 2013 through December 31, 2017. The franchise may be renewed for an additional 5 years, from January 1, 2018 through December 31, 2022 and for additional 5-year periods thereafter so long as the franchisee is in compliance with the terms of this chapter. The franchise agreement shall be reviewed and perhaps updated at least in October 2017 and every 5 years thereafter.
(B) Unless grounds exist for suspensions, modification or revocation of the franchise under § 104.10, this franchise shall be considered renewed for an additional 5 years unless at least 30 days prior to January 1 of any year the city notifies the franchise of an intent to terminate the franchise. Upon giving such notice of termination, the franchisee shall have a franchise that will terminate 5 years from the date of notice of termination. In the event the franchisee desires to terminate service given under the terms of this franchise agreement then it shall give not less than 2 years notice of intent to terminate service and obligations under the franchise.
(Ord. 2007-11-02, passed 11-13-2007; Ord. 2010-04-01, passed 5-13-2010; Am. Ord. 2012-11-01, passed 11-13-2012)