The City shall have the power and authority to grant franchise for the use, or occupancy of streets, avenues, alleys and any and all public grounds belonging to or under the control of the City. No telegraph, telephone, electric light or power, street railway, gas company, waterworks, water systems, or any other character of public utility shall be granted any franchise or permitted the use of any street, avenue, alley, highway or grounds of the City without first making application to and obtaining the consent of the governing authorities thereto, expressed by ordinance, and upon such compensation as may be prescribed, and upon such conditions as may be provided for by such ordinance, and before such ordinance proposing to making any grant for franchise or privilege to any applicant to use or occupy any street, avenue, alley or any other public ground belonging to or under control of the City, shall become effective, publication of said ordinance, as finally proposed to be passed, shall be made in some newspaper published in the City of Port Isabel, once a week for three (3) consecutive weeks, which publication shall be made at the expense of the applicant desiring said grant, and said proposed ordinance shall not be thereafter changed again republished as in the first instance, nor shall any such ordinance take effect or become a law or vest any rights in the applicant therefor, until after the expiration of thirty (30) days from the last publication of said ordinance as aforesaid.