The grantee shall, at all times, fully and faithfully perform all the terms, provisions, and conditions of this franchise and grant and furnish service, meeting at least the minimum requirements and technical standards of the Federal Communication Commission, and maintain its property in good order and repair throughout the entire term of the grant, and upon default by the grantee hereunder of any of the provisions of this franchise or upon the failure of the grantee to comply with any of the rules, regulations, or orders of the grantor and the continuance of such default or failure for a period of 30 days after written notice setting forth in detail the exact nature of such default or failure, such notice to be sent to the corporate headquarters of the grantee, the village may, by resolution and for good cause shown and such default not corrected, terminate this grant of franchise hereunder and in case of said forfeiture, the grantee shall have 120 days to remove all of its wires, cables, or other appurtenances from the streets and alleys and any not so removed within said time shall become the property of the grantor.
(Prior Code, § 10-1-13) Penalty, see § 114.99