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rights of the Grantees herein to use said streets shall, at all times, be subservient to the right of the <br />City Council of the City of Paris to fully exercise its rights or control over said streets, alleys, and <br />public ways. <br />Section 6. That the Grantees shall, during the life of this franchise, pay to the City of Paris, <br />at the office of the City Clerk of the City of Paris, 150 1 st Street S.E., Paris, Texas, in lawful money <br />of the United States, a sum equal to $50.00 per vehicle used in the operation of said taxicab business, <br />which remittance shall be made annually on or before the l Oth day of December each year. This <br />payment shall represent the franchise payment due the City of Paris. Failure to pay said franchise <br />fee when due may result in forfeiture of this taxicab franchise. <br />Section 7. That the City of Paris expressly reserves the right to modify, amend, alter, change, <br />or eliminate any of the provisions of this franchise, during the life of the same, for the following <br />purposes, to-wit: <br />(1) To eliminate or delete from the same such conditions as then prove <br />obsolete or impractical; and, <br />(2) To impose such additional conditions or requirements upon the Grantees <br />as may be deemed necessary and reasonable, such conditions or requirements to be <br />those as may be deemed necessary for the purpose of insuring adequate service to the <br />public or protecting the health, safety and general welfare of the citizens of Paris. <br />Section. 8. That, notwithstanding what may be said in any other portion of this instrument <br />with reference to the termination hereof, this right is granted subject to the provisions of Article I, <br />Sections 17 and 26 of the Constitution of the State of Texas, all applicable state laws, City Charter <br />provisions, and any other laws that may be enacted in the future by the Texas Legislature, or <br />amendments to the Constitution and the Charter of the City of Paris. Furthermore, the City Council <br />of the City of Paris reserves the absolute right, upon notice and hearing, which said notice shall be <br />given to the Grantees not less than thirty (30) days before such hearing, to absolutely terminate this <br />grant and franchise for any violation of the terms and provisions of this ordinance. <br />Section 9. That it shall hereafter be unlawful for the Grantees, their agents or employees, <br />while operating any automobile for hire within the City of Paris, to cruise. Cruising shall consist of <br />seeking, searching, or soliciting employment while operating an automobile for hire by repeatedly <br />and persistently driving such automobile for hire to and fro on the public streets of the city of Paris <br />and offering accommodations thereof to prospective passengers, whether by signal, word of mouth, <br />or by carrying a sign with the word "Vacant" thereon, or some other word of similar import, or <br />otherwise, or in any manner whatsoever operating said vehicle upon the public streets of the city of <br />Paris for the purpose of soliciting passengers, or driving an automobile for hire upon the public <br />streets while unoccupied by a passenger wrthout having a fixed destination thereof. <br />Section 10. That Grantees shall, at all times during the effective period of this franchise, <br />keep and maintain, in full force and effect, a policy or policies, of automobile liability insurance <br />coverage which fully meets or exceeds the State of Texas minimum financial responsibility <br />requirements for operators of motor vehicles in the state. The inswance policy shall also provide <br />coverage for bodily injury to passengers andlor properiy damage and shall indemnify the City of <br />Paris, its elected officials, officers and employees from and agamst any and all damages, personal <br />injuries, or property damages sustained as a result of the negligent operation of any motor vehicle <br />by the Grantees, their agents or employees, and shall pay all premiums due thereon when due. Said <br />policy shall also list the City of Pans, its elected officials, officers and employees as additional <br />Page 2 of 5 <br />