The exclusive agreement issued under this chapter will be for the term specified in the agreement, commencing upon the effective date of the approval by the city council that authorizes the agreement. At the expiration of the term, unless a new agreement is issued under the provisions of this chapter, or unless the city council, for good cause, extends the term of the original agreement, the agreement shall be deemed to have expired and shall no longer be valid.
(Ord. 825 § 1 (part), 2004)