A. This franchise shall not become effective unless and until the ordinance codified in this chapter has become effective and, in addition, unless and until all things required in this chapter are done and completed, all of such things being declared to be conditions precedent to the effectiveness of this franchise. In the event any of such things are not done and completed in the time and manner required, the Council may declare this franchise null and void.
B. Within thirty days after the effective date of the ordinance codified in this chapter, within such extended period of time as the Council in its discretion may authorize, the grantee shall file with the City Clerk its written acceptance in form satisfactory to the City Attorney, of this franchise, together with the bond and insurance policies required herein and its agreement to be bound by, and to comply with, and to do all things required of it by, the provisions of this franchise. Such acceptance and agreement shall be acknowledged by the grantee before a notary public, and shall be in form and content satisfactory to, and approved by, the City Attorney. (Ord. 2326 § 1 (part), 1980).