§ 113.18 SALE OR TRANSFER.
   (A)   The sale or transfer of this franchise, in whole or in part, or the sale or transfer of system ownership so as to create a new controlling interest in the system, is prohibited, except upon the approval of the city.
   (B)   The sale or transfer shall be completed pursuant to applicable state law.
(Ord. 172, passed 4-30-90)