The grantee of the franchise shall have the right during the life thereof to transport oil, gas, gasoline, petroleum wet gas, hydrocarbon substances, waste water, mud and other liquid substances through the pipelines maintained under the franchise. If the grantee or assignee qualifies before the Public Utilities Commission of the state as a common carrier, the grantee or assignee shall then have no right to continue to operate hereunder after the date of such qualifications except with the consent of the City Council, granted upon such additional terms and condition as the City Council may deem proper. Such additional terms and conditions shall be expressed by ordinance.
('64 Code, § 10-66) (Ord. 168, passed 2-9-61)