(a) With a request for arbitration proceedings conducted pursuant to the provisions of subsection (b)of Section 11-1.1205 of this article, the arbitration panel should be selected, the hearing scheduled within the time prescribed, notice given, the hearing conducted, a decision made, and the costs divided in the manner prescribed by Sections 11-1.1214 through 11-1.1219 of this article. The questions which may be submitted to the arbitration panel and the jurisdiction of the arbitration panel shall be limited to the following:
(1) The interpretation of the provisions of the franchise documents solely in relation to the decision required by subsection (b)of this section; and
(2) The amount, if any, owing by the grantee. The grantee shall immediately pay any amount determined to be owing by the arbitration panel.
(b) The arbitration award may be judicially enforced, shall be final, binding, and conclusive upon the parties, and shall not be subject to judicial review or vacation, except on the grounds set forth in Section 1286.2 of the Code of Civil Procedure of the State. (§ 1, Ord. 961, eff. October 27, 1983)