§ 4.40.370. Liquidated damages-Amount  


Latest version.
  • In its sole discretion, the city council may assess an operator and the operator shall be liable for liquidated damages in the amount of $100.00 for each calendar day on which a franchisee is in breach of any provision of this chapter. Such damages may be paid from the security deposit made by the operator. Before imposing such damages the city council shall conduct a public hearing at which the operator shall be given an opportunity to show cause why the damages should not be imposed. Written notice of the hearing, containing the grounds for the imposition of damages and the amount therefor, shall be given to the operator at least ten days before the hearing.

(Ord. No. 286)