A contractor may surrender his or her franchise at any time upon filing with the Clerk Treasurer written notice of his or her intention to do so at least six months before the surrender date. On the surrender date as specified in the notice, the city shall have the option of either requiring the contractor to remove its property from the city or to purchase the system in accordance with § 114.19.
(1990 Code, § 25.020) (Ord. 60, passed 8-14-1984)