5.08.080   Franchise not effective until formally accepted by grantee.
   Any franchise granted hereunder shall not become effective until written acceptance thereof shall have been filed by the grantee thereof with the city clerk. Such acceptance shall be filed within thirty days after the ordinance granting the franchise becomes effective, unless the time is extended by the council.
   By its acceptance of any franchise, the grantee shall covenant and agree to perform and be bound by each and all of the terms and conditions proposed by the franchise ordinance.
(Prior code §10A.8 (Ord. 702 §8))