713.05 ASSIGNMENT OR TRANSFER OF FRANCHISE.
   Any person, firm or corporation owning or exercising such franchise or privilege may sell, assign or transfer the same, but only on the written consent of the City acting by ordinance approving said assignment or transfer. In any such sale, none of the terms and provisions of this chapter shall be modified, changed, evaded or nullified, and in case this is done, Council shall have the right to declare same forfeited. In the event any such sale or transfer through combination, absorption, collusion or cooperation of the seller with the buyer, or the buyer with the seller, results in the increase of rates, or the discontinuing of collection of garbage and refuse required hereunder, the Council of the City of Wauseon shall have the right to declare the said franchise forfeited.
(Ord. 1997-13. Passed 5-5-97.)