If the city council, after convening a hearing on the proposed revocation of an exclusive franchise issued to a solid waste contractor pursuant to the provisions of this chapter, determines that such solid waste contractor, although having violated the provisions of this chapter, has nevertheless corrected such violation subsequent to the date the solid waste contractor was served with a notice of such hearing, the city council may, in lieu of terminating the exclusive franchise issued to the solid waste contractor, assess a monetary penalty against the solid waste contractor in the amount of five hundred dollars ($500) or in an amount equal to the costs and expenses incurred by the city for the staff time committed to the preparation for such hearing, whichever amount is greater. All such monetary penalties assessed by the city council shall be due and payable no later than the thirtieth day following the date of such hearing and the failure to pay such sum within such time shall be further grounds for the termination of the exclusive franchise issued to the solid waste contractor against whom such penalty was assessed.
(Ord. 2497 §2)