§ 22. Forfeiture of Franchise.  


Latest version.
  • If the company shall violate any of the terms or provisions of this franchise, and should the company continue to violate same for a period of thirty (30) days after the company shall have been notified in writing by the city to desist from such violation so specified, then the city may terminate and cancel this franchise; provided, however, that the city shall not cancel this franchise if the company is without fault as to the violation; and further provided, that this franchise may not be terminated and cancelled until after the company first has been provided with adequate opportunity to be heard before the city council, and then only by ordinance duly adopted by the city council. It is further provided, however, that should the company be adjudged a bankrupt then the city, after sixty (60) days' written notice to the company, may, if it so desires, terminate and cancel this franchise. If any situation shall arise wherein the city shall, under the terms of this franchise, have the right to terminate or cancel this franchise, the city shall have the option of terminating or cancelling all of the franchise or of terminating or cancelling the franchise as it relates to a specific portion of the area provided for in the franchise.