The right to purchase as prescribed by Section 11-1.701 of this article may be exercised by the County for public ownership and use by the County in behalf of a third party, or by any party to whom the County may assign the right to purchase to any third party at any time prior to payment for the purchase and transfer of titles. Written notice of any such assignment shall be mailed to the grantee. Such an assignee, subsequent to the date of assignment, shall be vested with any and all discretion respecting the purchase which is vested in the Board. The County may condition the grant of a franchise upon agreement by the grantee to accept the assignment of and to exercise a right to purchase the real and personal property of an existing grantee. (§ 1, Ord. 961, eff. October 27, 1983)