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(a) No matter or dispute between the city and the franchisee relating to this chapter or a franchise agreement shall be arbitratable unless specifically provided for in the franchise agreement. Any matter that is arbitratable under the specific provisions of a franchise agreement may be subjected to the arbitration procedures set forth in subsection (b) hereof.
(b) The arbitration procedure employed shall be consistent with the rules and procedures of the American Arbitration Association. The city and the franchisee will each select a qualified arbitrator. The two persons selected shall select a third qualified arbitrator, and the three arbitrators will constitute a panel whose decision is binding on the city and the franchisee. The fees of the first two arbitrators shall be paid by the party selecting such person, and the third person shall be compensated one-half by the city and one-half by the franchisee. The general costs of the proceeding shall be shared equally by the city and the franchisee.
(Ord. 97-2, passed 1-9-1997)