1411 ORD GRANTING TO LEONARD BOONE AND MCKINLEY JOHNSON FRANCHISE TO USE PUBLIC STREETS ETC

Home Browse Search

Iz, and when, the City Council decides to regulate rates, then at such time the Council will fully exercise its rate regulatory power under the provi- sions of law applicable thereto, and the failure to provide under this or- dinance the machinery for the administrative, legislative or executive con- trol of such matter snall not preclude the Council from fully exercising that power and providing suitable provisions to enforce such power. Section Should it be determined tha-t any clause, condition, or covenant of this franchise is, for any reason, illeyai or unenforceable, such clause, condition or covenant snall be disregarded and the existence of the sane shall not affect the remaining clauses, conditions or covenants of this franchiseo Section 19. Tnat any unwarranted and intentional neglcct, failure or refusal of said yrantees to cornply with any of the conditions and stipu- lations contained in said franchise shall thereupon irrunediately, ipso facto, effect a forfeiture thereof, and the said City, by the City (,ouncil, may thereupori declare said franchise forfeited, and may exclude said grantees from further use of the streets of said City under said franchise, and said grantees shall thereupon and imrnediatnly surrender a11 rights in and to the same, and said franchise shall becoMe null and void and of no effect. Section 20. Within ten (10) days after the thzrd and final reading of tnis ordinance and its passage by the City Council, the grantees herein shall file with the City Clerk, in writing, tize accep-tance of the terms and provisions of tnis grant. Section 21. This orGinance shall become effective sixty (60) days irom and aftPr the da-te of its passage and adoption on third and final reading. INTRODUCED AivD READ on first reading on June 10, 1957 at a regular meeting of the City Council of the City of Paris; second reading at a regu- lar meeting of the City Council on July 1957; and final readinG at a regular rneeting of the Gity Council on August 12, 1957, the same being three separate regular meetings of the City Council of the City of Paris, the last being not less i:han sixty days frorn the first. Passed on tnird and final reading tnis 12th day of Auyust, A. D., 1957. ' PvTayo r A E : > ~ Acting City Clerk ~ APP ' 'D AS 0 IRPA: ~ i - ' City . torney.