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<br /> DCB:rks 6/19/84R <br /> DCB: sh 8/02/84R <br /> DES:sh lO/25/84R <br /> DES:sh 11/26/84R <br /> " (a) Franchises granted under this article shall be <br />nonexclusive. <br />" (b) No privilege or exemption shall be granted or conferred <br />under this article except those specifically prescribed herein. <br /> " (c) Any privilege claimed by the Grantee in any street, or <br />other public property, or easement, shall be subordinate to any <br />prior lawful occupancy of such street, property, or easement. <br /> " (d) No franchise shall be sold, transferred, leased, <br />assigned or disposed of, in whole or in part, either by force of <br />involuntary sale, or by voluntary sale, merger, consolidation or <br />otherwise, other than to an entity in which a Grantee or an <br />affiliate of a Grantee has at least a fifty (50%) percent equity <br />and voting interest therein, without the prior consent of the <br />City Council evidenced by resolution. Such duly adopted consent <br />shall not unreasonably be withheld; provided, however, that the <br />prospective assignee must agree in writing to comply with all <br />provisions of this Ordinance. Notwithstanding anything to the <br />contrary set forth in this Section 11.75(d), no such consent <br />shall be required for a transfer in trust, by mortgage, or by <br />other hypothecation, in whole or in part, or to assign rights in <br />the CATV system to secure indebtedness. <br /> " (e) The Grantee shall have no recourse whatsoever against <br />the City for any loss, cost, expense, or damage, arising out of <br />lawful enforcement of any provisions or requirements of this <br />article or its enforcement. <br /> 6 <br /> '-~"'- <br />