§ 13. Terms and termination date.  

Latest version.
  • The rights, privileges and franchises hereby granted to and conferred upon the Grantee shall, unless this franchise be sooner terminated as herein provided, be and remain in full force and effect for a period of fifty (50) years from the effective date hereof. However, Grantee may terminate this franchise by Grantee electing within a two (2) year period commencing with the effective date of this Ordinance not to construct the proposed skywalk bridge, or by Grantee electing to demolish the skywalk bridge at any time during the term of the franchise and by restoring the connected buildings to the same condition in which they were before adoption of this Ordinance by the City of Wichita, with any such demolition to be at Grantee's sole risk and expense.