Upon revocation of this permit, and provided that neither the permittee nor its successor-in-interest proceeds diligently and in good faith to obtain a new permit, and no proposed assignee requests and receives the Municipality's approval of a transfer of the permittee's telecommunications and/or other utility system, and an assignment of this permit or grant of a new permit, within a reasonable period of not more than 90 days after such termination, then the permittee shall remove said telecommunications and/or other utilities facilities at the permittee's expense. As an alternative to removal, the permittee may, subject to the Municipality's approval, abandon its facilities in place and transfer ownership of the installed telecommunications and/or other utilities facilities to the Municipality. Nothing herein shall cause the Municipality to incur any costs related to the removal of the permittee's facilities or the transfer of ownership of said facilities to the Municipality.
(1982 Code, § 768.07) (Ord. 97-50. Passed 7-28-1997.)