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Section 4. That all automobiles or vehicles used in connection with this taxicab <br />service shall be maintained and operated in accordance with the laws of the State of Texas <br />and ordinances of the City of Paris, and any amendments thereto, or either of them, relating <br />to or regulating the maintenance and operation of motor vehicles upon streets or <br />highways. <br />Section 5. That the City of Paris, in granting this franchise, fully retains and <br />reserves all the rights, privileges, and immunities that it now has under the law to fully use, <br />patrol and police the public streets, alleys, and right-of-ways within the City, and the <br />granting of this franchise shall in no way interfere with the rights of the City of Paris to fully <br />use said streets, alleys, and right-of-ways for any other public utility or public purpose, nor <br />shall this franchise in any way interfere with the City's right to improve or maintain any <br />streets, alleys, or right-of-ways in the City of Paris, and the rights of the Grantees herein to <br />use said streets shall, at all times, be subservient to the right of the City Council of the City <br />of Paris to fully exercise its rights or control over said streets, alleys, and public ways. <br />Section 6. That the Grantees shall, during the term of this franchise agreement, <br />pay to the City of Paris, at the office of the City Clerk of the City of Paris, 150 1st Street S.E., <br />Paris, Texas, in lawful money of the United States, a sum equal to $50.00 per vehicle used in <br />the operation of said taxicab business, which remittance shall be made annually on or <br />before the 10th day of December each year. This payment shall represent the franchise <br />payment due the City of Paris. Failure to pay said franchise fee when due may result in <br />forfeiture of this taxicab franchise. <br />Section 7. That the City of Paris expressly reserves the right to modify, amend, <br />alter, change, or eliminate any of the provisions of this franchise, during the life of the same, <br />for the following purposes, to-wit: <br />(1) To eliminate or delete from the same such conditions as then <br />prove obsolete or impractical; and, <br />(2) To impose such additional conditions or requirements upon the <br />Grantees as may be deemed necessary and reasonable, such conditions or <br />requirements to be those as may be deemed necessary for the purpose of <br />insuring adequate service to the public or protecting the health, safety and <br />general welfare of the citizens of Paris. <br />Section. 8. That, notwithstanding what may be said in any other portion of this <br />instrument with reference to the termination hereof, this right is granted subject to the <br />provisions of Article I, Sections 17 and 26 of the Constitution of the State of Texas, all <br />applicable state laws, City Charter provisions, and any other laws that may be enacted in <br />the future by the Texas Legislature, or amendments to the Constitution and the Charter of <br />the City of Paris. Furthermore, the City Council of the City of Paris reserves the absolute <br />right, upon notice and hearing, which said notice shall be given to the Grantees not less <br />Page 2 of 6 <br />_ (l0[l[16~ <br />