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<br /> <br /> <br /> <br /> <br /> <br /> property used or consumed in rendering the service by the grantee for such service. If, and when, <br /> the City Council decides to regulate rates, then, at such time, the Council will fully exercise its <br /> rate regulatory power under the provisions of law applicable thereto, and the failure to provide <br /> under this ordinance the machinery for the administrative, legislative, or executive control of such <br /> matter shall not preclude the Council from fully exercising that power and providing suitable <br /> provisions to enforce such power. <br /> <br /> Section 18. Should it be determined that any clause, condition, or covenant of this <br /> franchise is, for any reason, illegal or unenforceable, such clause, condition, or covenant shall be <br /> disregarded, and the existence of the same shall not affect the remaining clauses, conditions, or <br /> covenants of this franchise. <br /> <br /> Section 19. That any unwarranted and intentional neglect, failure, or refusal of the grantee <br /> to comply with any of the conditions and stipulation contained in this franchise shall thereupon <br /> and immediately, ipso facto, effect a forfeiture hereof, and the City Council may, thereupon, <br /> declare this franchise forfeited and may exclude the grantee from further use of the streets of the <br /> City under this franchise, and the grantee shall thereupon and immediately surrender all rights in <br /> <br /> and to the same, and this franchise shall become null and void and of no effect. <br /> <br /> Section 20. Within ten (10) days after the passage of this ordinance by the City Council, <br /> the grantee herein shall file with the City Clerk, in writing, the acceptance of the terms and <br /> provisions of this grant. <br /> <br /> Section 21. Introduced, read, and passed on first reading on April 14, 1997, at a regular <br /> meeting of the City Council of the City of Paris; on second reading on May 12, 1997, at a regular <br /> meeting of the City Council of the City of Paris; and on third and final reading on June 9, 1997, <br /> at a regular meeting of the City Council of the City of Paris, the same being three (3) separate <br /> regular meetings of the City Council of the City of Paris, and the last reading being not less than <br /> thirty (30) days from the first. <br /> <br /> This ordinance shall become effective sixty (60) days from the date of the third and final <br /> reading. <br /> <br /> PASSED AND ADOPTED on third and final reading this 9th day of June, 1997. <br /> <br /> <br /> <br /> <br /> Eric S. Clifford, Mayor <br /> <br /> ATTEST: <br /> <br /> <br /> <br /> Mattie Cunningham, City Clerk <br /> <br /> APPROVED S O FORM: <br /> <br /> <br /> <br /> T. K. Haynes, City Attorney <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> 4 <br />