A franchisee shall have no remedy or recourse whatsoever against the city for any loss, cost, expense, or damage arising from any of the provisions or requirements of a franchise, or because of the enforcement thereof by the city, or for the failure of the city to have the authority to grant, all, or any part, of the rights therein granted; provided, however, that each franchisee acknowledges by its acceptance of the franchise that it has accepted the rights therein granted in reliance upon its independent and personal investigation and understanding of the power of authority of the city to enter into the franchise authorized herein with the franchisee; provided further that each franchisee acknowledges by its acceptance of the franchise that it has not been induced to enter into the franchise upon any understanding, or promise, whether given verbally or in writing by or on behalf of the city, or by any other person concerning any term or condition of the franchise not expressed therein; provided further that the franchisee acknowledges by the acceptance of any franchise that it has carefully read the provisions, terms, and conditions hereof and thereof and is willing to, and does accept, all of the risk attendant to such provisions, terms, and conditions.
(Ord. 05-13, passed 4-26-05)