(A) Length of term. The rights granted hereunder shall be non-exclusive and shall continue in full force and effect through June 16, 2007.
(B) Renewal. The franchise shall be renewable for a reasonable period not to exceed 15 years, following a public proceeding, affording due process, at which the company’s qualifications to continue to operate the system are considered. Notice of intent to enter into renewal negotiations shall be given to the other party by either party at least 90 days, and not more than 6 months, prior to the expiration of this franchise. The company shall have priority over any others in negotiating a renewal of this franchise.
(C) Reopening. For emergency or hardship reasons, either the city or the company may request and receive a reopening of negotiations. These negotiations shall commence within 30 days within the city on the specified matters to be considered as per the request.
(Ord. 1799, passed 6-21-71; Am. Ord. 2039, passed 12-20-76; Am. Ord. 2674, passed 10-5-87; Am. Ord. 3586, passed 6-16-97; Am. Ord 3587, passed 6-16-97)