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Section 8 . Grantee shall defend, indemnify and save harmless the City of and from any <br />and all damages of any kind or character growing out of or arising by reason of the maintenance <br />of the Grantee's communications facilities in the City. <br />Section 9 . In consideration of the privileges and franchise granted, Grantee shall pay <br />annually by February 28 each calendar year an amount equal to $4.00 per linear foot of public <br />way used. To the extent permitted by the Oregon Public Records Law, City shall protect from <br />public disclosure Grantee's proprietary build -out plans. <br />Section 10 . With each franchise fee payment, Grantee shall furnish a sworn statement <br />setting forth the amount and calculation of the payment. The payment of the franchise fee shall <br />not be credited toward the payment of property taxes or payments in lieu thereof, nor toward any <br />sales or income tax adopted by the City, nor toward any permit fees required by the Eugene <br />Code, 1971. City shall have the right to audit Grantee's records to verify that the franchise fee <br />has been correctly computed and paid by Grantee. Grantee shall reimburse City for the <br />reasonable costs of such audit if the audit discloses that Grantee has paid 95% or less of the fee <br />owing for the period of the audit. <br />Section 11 . Grantee shall not transfer or assign any of its rights, privileges or <br />obligations, or any parts thereof, under this franchise without the prior written approval of City. <br />Such consent shall not be unreasonably withheld or delayed; provided, however, that Grantee <br />shall have the right, without City's consent, to assign or transfer this Agreement, in whole or in <br />part, to any parent, subsidiary or affiliate of Grantee, or to any person, firm or corporation which <br />shall control, be under the control of, or be under common control with Grantee, or to any <br />corporation into which Grantee may be merged or consolidated or which purchases all or <br />substantially all of the assets or stock of Grantee, and Grantee shall provide City prompt written <br />notification of any such assignment or transfer. <br />Section 12 . Grantee shall at all times during the period of this franchise, be subject to all <br />lawful exercise of the police power of City, and shall comply with all applicable federal, state, <br />and local laws, rules, ordinances and regulations. <br />Section 13 . If Grantee fails to comply with or perform any of the requirements imposed <br />on it by this franchise and City gives written notice specifying the nature of Grantee's default <br />and demanding that such default be remedied within thirty (30) days from receipt of such notice, <br />the rights and privileges granted by this franchise may be terminated and annulled by City if <br />Grantee fails to remedy its default within such 30 -day period; provided, however, where a <br />default cannot reasonably be cured within thirty (30) days, if Grantee shall proceed promptly to <br />cure the same and prosecute such curing with due diligence, the time for curing such default <br />shall be extended for such reasonable period of time as may be necessary to complete such cure. <br />Section 14 . Nothing contained in this franchise shall give Grantee any credit against any <br />non - discriminatory business tax or ad valorem property tax now or hereafter levied against real <br />or personal property within City, or against any local improvement assessment imposed on <br />Ordinance - Page 3 of 4 <br />