The franchise and rights herein granted shall take effect and be in force from and after the final passage hereof, as required by law, and upon filing of acceptance by the company with the Clerk-Treasurer, and shall continue in force and effect for a term of 15 years after the effective date of this franchise.
(Ord. 2-1976, passed 8-2-76; Am. Ord. 4-1978, passed 5-15-78; Am. Ord. 3-1993, passed 4-19-93)