§ 115.07 LICENSE AGREEMENT.
   (A)   Upon the granting of a license by the town, the licensee shall execute a license agreement within 60 days. The license agreement shall incorporate all terms and provisions of this chapter wherein a requirement is placed upon the licensee, either expressed or implied by this chapter. The licensee shall expressly and specifically agree to accept the terms of and be bound by the terms of this chapter and any amendments thereto. This agreement shall be binding upon the licensee, its successors, lessees or assignees.
   (B)   This license shall be non-exclusive and shall be for a period of 15 years commencing upon the execution of this license agreement between the town and the licensee.
   (C)   Upon written notice by the licensee, not more than one year prior to the fourteenth anniversary of the effective date, and after the holding of a public hearing affording due process, the license may be renewed for a reasonable term, but not for more than 15 years.
(Prior Code, § 14-1-7)