(a) The Authority may assess liquidated damages of up to one hundred dollars ($100.00) per day against Grantee for each day Grantee is in violation of this chapter. Such assessment may be levied against the security fund specified in Section 820.68 or any letter of credit, performance bond or other security provided for in the franchise agreement.
(b) Assessment of liquidated damages shall not constitute a waiver by the Village of any other right or remedy it may have under the franchise agreement or applicable law, including the right to recover from Grantee any costs and expenses, including reasonable attorney's fees, which are incurred by the Village on account of Grantee's violation of this chapter.
(Ord. 141. Passed 2-12-03.)