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15 - FIRST READING, DISCUSS AND VOTE ON ONCOR ELECTRIC
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09 SEPTEMBER
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09/26/2016
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15 - FIRST READING, DISCUSS AND VOTE ON ONCOR ELECTRIC
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B. If the City requires the Company to adapt or conform its Facilities, or in any manner to <br />alter, relocate, or change its Facilities to enable any other corporation or person to use, or use <br />with greater convenience, said street, alley, highway, or public way, the Company shall not be <br />bound to make such modification until such other corporation or person shall have undertaken, <br />with good and sufficient bond, to reimburse the Company for any costs, loss, or expense which <br />will be caused by, or arises out of such change, alteration, or relocation of Company's Facilities. <br />C. If City abandons any Public Rights -of -Way in which Company has facilities, such <br />abandonment shall be conditioned on Company's right to maintain its use of the former Public <br />Rights -of -Way and on the obligation of the party to whom the Public Rights -of -Way is abandoned <br />to reimburse Company for all removal or relocation expenses if Company agrees to the removal <br />or relocation of its facilities following abandonment of the Public Rights -of -Way. If the party to <br />whom the Public Rights -of -Way is abandoned requests the Company to remove or relocate its <br />facilities and Company agrees to such removal or relocation, such removal or relocation shall be <br />done within a reasonable time at the expense of the party requesting the removal or relocation. If <br />relocation cannot practically be made to another Public Rights -of -Way, the expense of any <br />right -of -way acquisition shall be considered a relocation expense to be reimbursed by the party <br />requesting the relocation. <br />SECTION 11. TERM. <br />This Franchise shall become effective on the 61St day after its adoption on third and final <br />reading by the City of Paris, City Council, provided that the Company provide written acceptance <br />under a separate acceptance document, said written acceptance to be filed by Company with the <br />City within sixty (60) days after final passage and approval hereof. The right, privilege and <br />franchise granted hereby shall expire on September 30, 2037; provided that, unless written notice <br />of cancelation is given by either party hereto to the other not less than sixty (60) days before the <br />expiration of this franchise agreement, it shall be automatically renewed for an additional period of <br />six (6) months from such expiration date and shall be automatically renewed thereafter for like <br />periods until canceled by written notice given not less than sixty (60) days before the expiration of <br />any such renewal period. <br />11 <br />
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