Every franchise shall state the term for which it is granted, which shall not exceed fifteen years, unless otherwise required by State or Federal law. Franchises can be granted for longer periods if the city council makes specific findings in the ordinance or resolution granting the franchise that the longer term is needed to amortize the franchisee's investment or for other reason which promotes the public health, safety or welfare.
(Ord. 2009-08-1401 § 1(part), 2009)