(A) The term of such collection contractor approval shall begin on the date assigned by the City Administrator and shall be a continuous five-year approval to operate period.
(B) On January 1 of each calendar year, the approval shall be considered renewed for a full five- year term, unless, prior to December 1 of any calendar year, the City Council notifies the collection contractor in writing of its intent to terminate further approval. In that event, the collection contractor shall continue to operate for the balance of the current approval period (four years). The City Council may terminate its approval with or without cause; however, the City Council may later re-instate the continuing renewal provision upon mutual agreement with the collection contractor and the City Council.
(Ord. 315, passed 5-9-1994)