The franchise and rights herein granted shall commence 30 days from the final passage hereof and shall continue in force and effect for 15 years after the effective date. Upon application by the grantee to the town, the franchise will be renewed for subsequent 15 year periods, provided the grantee fulfills the terms of the initial and renewal franchise agreements.
(1992 Code, § 13-3-4) (Ord. 79, § 4, passed 6-21-1989)