4.20.114.40.1. Any property or a franchisee remaining in place ninety (90) days following the direction for removal specified in this section shall be, at the option of the city, considered permanently abandoned. The city may extend such time not to exceed an additional thirty (30) days. Any property, of the franchisee which is permanently abandoned shall automatically be deemed the property of the city.
4.20.114.40.2. Any property of a franchisee which the franchisee seeks permission to abandon in place may only be abandoned in such a manner as the city shall prescribe. Upon abandonment in place of the property of a franchisee, the franchisee shall submit to the city an instrument in writing, to be approved by the city transferring to the city the ownership of such property. If such an instrument is not received within thirty (30) days of the city granting permission to abandon in place the property, the property shall automatically become that of the city.
4.20.114.40.3. Any abandonment, either with or without the city's consent, shall not relieve the franchisee from its obligations to remove and/or remediate all toxic or hazardous materials (as defined by applicable provisions of either state or federal law), nor shall such abandonment relieve the franchisee from his defense and indemnification obligations regarding the same. (Ord. 205 § 3, 2001)