Laserfiche WebLink
<br /> C'GM:mf 01/26/83 <br /> ,M:mf 02/14/83R <br /> CGM:djg-c 10/18/83R <br /> CGM:rb 11/Ol/83R <br /> CGM:djg-c 12/23/83R <br /> DES:rb 1/23/84R <br />" (a) Franchises granted under this article shall be <br />nonexclusive. <br />" (b) No privilege or exemption shall be granted or <br />conferred by any franchise granted under this article <br />except those specifically prescribed herein. <br />" (c) Any privilege claimed under such franchise by the <br />Grantee in any street, or other public property, or <br />easements, shall be subordinate to any prior lawful <br />occupancy of the streets, or other public property or <br />easements. <br />" (d) Any such franchise shall be a privilege to be held <br />in personal trust by the original Grantee. It cannot in <br />any event be sold, transferred, leased, assigned or disposed <br />of, in whole or in part, either by force or involuntary <br />sale, or by voluntary sale, merger, consolidation or <br />otherwise, without prior consent of the City Council of the <br />City expressed by ordinance, and then only under such <br />conditions as may be therein prescribed. The said consent <br />of the City may not be arbitrarily refused; provided, <br />however, the proposed assignee must show financial <br />responsibility and must agree to comply with all provisions <br />of this article; and provided, further, that no such consent <br />shall be required for a transfer in trust, mortgage or other <br />hypothecation as a whole to secure an indebtedness. <br /> 6 <br /> _. ." r-~-'- <br />