Any person acquiring the assets or facilities of a dissolved or terminated permittee, shall apply for and obtain such encroachment permits, licenses, authorizations or other approvals and pay such fees and deposit such security as required by the city, shall conduct and complete the work of removal in compliance with all such requirements, and shall restore the streets to the same condition they were in before the work of removal commenced. The work of removal shall be completed not later than one year following the date of termination or dissolution of the prior permittee. (Ord. 2009-022 § 2)