§ 22. Acceptance  


Latest version.
  • (a) This franchise shall not become effective unless and until all things required in this Section and Sections 16, 17(a), and 17(b) hereof are done and completed, all of such things being hereby declared to be conditions precedent to the effectiveness of any such franchise granted hereunder. In the event any of such things are not done and completed in the time and manner required, the Council may declare the franchise null and void.

    (b) Within sixty days after the adoption date of the ordinance awarding a franchise, the Grantee shall file with the City Clerk its written acceptance, in form satisfactory to the City Attorney, of the franchise, together with the bond and insurance policies required by Sections 16, 17(a), and 17(b) hereof, respectively, and its agreement to be bound by and to comply with and do all things required of it by the provisions of this franchise. Such acceptance and agreement shall be acknowledged by the Grantee before a notary public, and shall in form and content be satisfactory to and approved by the City Attorney.