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~ _ t ,. <br />openings and installations or cans tructian in the public wa <br />Y <br />Section 12. The privileges and franchise herein granted <br />~n~u~ir.r~i i~m.unmr~..~ <br />shall continue and be in force far a per iod of fifteen ~ 15 ears <br />~y <br />from and after the date this Ordinance becomes effective <br />pr ov id ed ~ however ~ that either the City ar the Grantee ma <br />Y <br />terminate this franchise upon thirty ~ 3Q } days written notice , <br />From the effective termination date of this franchise until all of <br />the Grantee's communications facilities are removed from the <br />City's public ways, ar until such time as any remainin <br />9 <br />communications facilities may escheat to the City under state law, <br />the Grantee shall pay the City a fee equivalent to five percent <br />~5~~ of the Grantee's gross revenues as defined herein, or the <br />maximum allowed under 4RS ~Z1,45Q, <br />Section 13. This franchise shall be subject to any and all <br />local, state, or federal legislative enactments. <br />Section 14. The matters contained herein concern the public <br />healthy safety and welfare and therefore, an emergency is hereb <br />Y <br />declared to exist. The franchise created by this Ordinance shall <br />be effective immediately upon acceptance by the Grantee if <br />accepted within 30 days fallowing its passage by the Council and <br />approval by the Mayor . The Grantee's acceptance shall be <br />evidenced by filing with the City Recorder its written acce tan <br />p ce <br />of all the terms and conditions of this Ordinance. <br />Passed by the City Council this <br />I1~day of ~1leVY1~4Q~f , 1986 <br />~`".~ ~ <br />City corder <br />Approved by the Mayor this <br />~~ day of ~~~J~[.yYl ~(, 1986 <br />~~ . <br />ayo <br /> <br />Ordinance - 6 <br />