Upon receipt by the Village from Grantee of the properly executed franchise agreement, together with the payment of all applicable fees, documents and instruments as may be required in accordance with Section 820.10, the Village may execute the agreement and, upon execution, shall deliver one fully executed copy to Grantee; provided, however, nothing in this chapter shall prohibit the Village from revoking the award of the franchise prior to delivery of an executed copy of the franchise agreement to Grantee. In the event of any such revocation, which shall be accomplished in the same manner as that used in granting the award, any funds and all documents and instruments delivered by Grantee to the Village in connection with Grantees acceptance of the award, shall be returned forthwith to Grantee.
(Ord. 141. Passed 2-12-03.)