2242 ORD GRANTING TO MCKINLEY JOHNSON DBA PRIDE OF PARIS CAB COMPANY FRANCHISE TO USE PUBLIC STREETS ETC

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this franchise in any way interfere with the improvement or mainte - nance of any other streets, alleys and public ways, and the rights of the grantee herein to use said streets shall at all times be subser - vient to the right of the governing body of the City of Paris to fully exercise its rights or control over said streets, alleys and public ways. Section 6. The grantee shall, during the life of this franchise, pay to the City of Paris at the office of the City Clerk in lawful money of the United States a sum equal to $50. 00 per vehicle used in the operation of said taxicab business, which remittance shall be made annually on or before the 10th day of July each year. The payments stipulated and provided in this section shall be in lieu of any other tax or assessment or charge by the City of Paris which may now or may hereafter be in force during the term of this franchise, excluding only ad valorem taxes. Any neglect, omission or refusal by the grantee herein to pay such tax when due and as specified, shall ipso facto work a forfeiture of this franchise and of all rights hereunder. Section 7. The City of Paris expressly reserves the right to modify, amend, alter, change or eliminate any of the provisions of this franchise, during the life of the same, for the following purposes, to -wit: (1) To eliminate or delete from the same such conditions as then prove obsolete or impractical; (2) To impose such additional conditions upon the grantee as may be just and reasonable, such conditions to be those as may be deemed necessary for the purpose of insuring adequate service to the public. Section 8. Notwithstanding what may be said in any other por- tion of this instrument with reference to the termination thereof, this right is granted subject to the provisions of Article l, Section 17 and 20 of the Constitution of the State, the applicable state laws, charter provisions and such future laws as may be enacted by the legislature, or amendments to the Constitution and the Charter of the City of Paris. Furthermore, the governing body of the City of Paris reserves the absolute right upon notice and a hearing, which said notice shall be given to the grantee not less than thirty (30) days before such hear- ing, to absolutely terminate this grant for any violations of the terms and provisions of this ordinance. Section 9. At all times during the effective period of this franchise grantee shall have procured and kept in full force and effect policy or policies of public liability insurance, covering each motor vehicle to be operated and operated under this franchise, conditioned that the holder of the franchise shall well and truly pay directly to every j udgment creditor who has been inj ured through the negligent operation of any such motor vehicle by the grantee or his employees, or whose property has been damaged, any amount or amounts of money that shall have been awarded by final judgment of any court of compe- tent jurisdiction against such grantee on account of any such injury or