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(1) Written notice of an award shall be sent to claimant or his attorney if claimant is represented by counsel. Acceptance of the award by claimant shall constitute full accord, settlement and satisfaction of any claim against the City for any property damages resulting from a breakage in the water or sewer system. The award must be accepted prior to any judicial hearing on any litigation instituted by claimant to collect damages as a result of a breakage in the water or sewer system. If the award is not accepted by claimant prior to such a judicial hearing, the award shall be null and void and the authority granted by this ordinance terminates.