§ 4.40.130. Issuance of franchise

The franchise shall be offered to the successful applicant by resolution adopted by the city council. The resolution shall incorporate the terms, conditions and requirements of this chapter and such additional terms, conditions and requirements respecting the franchise which are contained in the application and accepted by the city council. In the event of a conflict between the application and the resolution, the resolution shall control.

The resolution offering a franchise shall not become effective until the successful applicant files with the city clerk a certificate in writing which expressly and unconditionally accepts the franchise upon the terms, conditions and requirements contained in the resolution, this chapter and the following additional requirements.

A.

Pays to the city the balance, if any, of the cost of the application pursuant to section 4.40.100.

B.

Furnishes proof of insurance pursuant to section 4.40.150.

C.

Files a performance bond pursuant to section 4.40.160.

D.

Deposits security pursuant to section 4.40.170.

In the event the successful applicant fails to satisfy all the above requirements within one month after the adoption of the resolution, the offer of a franchise contained in the resolution is deemed withdrawn as of the end of said one month period and the resolution shall be deemed revoked.

(Ord. No. 286)