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<br /> CGM:djg-c 1/28/83 <br /> CGM:' J-c 9/14/83R <br /> CGM:aJg-c 9/20/83R <br /> CGM:djg-c lO/lO/83R <br /> CGM:rb 11/01/83R <br /> CGM:rb 12/27/83R <br /> CGM:djg-c 01/23/84R <br /> DES:rb 01/23/84R <br /> the payments required to be made to the Grantor <br /> hereunder. <br />( 2) The bond shall include the cost of removal of any <br /> properties installed by the Grantee in the event <br /> said Grantee shall default in the performance of <br /> its franchise obligations. <br />" (c) Security Funds. <br />( 1) Within thirty (30) days after the granting of this <br /> franchise, the Grantee shall deposit into a bank <br /> account, established by the Grantor, and maintain <br /> on deposit through the term of this franchise, the <br /> sum of Ten Thousand Dollars ($10,000) , or an equivalent <br /> security as approved by the City as security for <br /> the faithful performance by it of all of its franchise <br /> obligations, and for compliance with all orders, permits, <br /> and directions of any agency of the Grantor having <br /> jurisdiction over its acts or defaults under the <br /> franchise, and for the payment by the Grantee of any <br /> claims, liens and taxes due the Grantor which arise <br /> by reason of the construction, operation or maintenance <br /> of the system. The security fund may be assessed by the <br /> Grantor for purposes including, but not limited to, <br /> the following: <br /> "(i) Failure of Grantee to pay Grantor sums due <br /> under the terms of the franchise; <br /> 11 <br /> -r----."".. <br />