1355 ORD GRANTING MIDWEST VIDEO CORP FRANCHISE TO USE PUBLIC STREETS AND ALLEYS OF COP

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Aft a Section 9. At all times during tl-ie effective period of this franchise grantee shall have procured and kept in full force and effect policy or policies of public liability insurance, covering public liability ano property caamage in a minimum amount of i=ifty Thousand Dollars ($50,000.00), and said grantee shall at any and all times during the effective term of such franchise and during any operations under the same furnish and provide to the City Clerk cf the City of Paris satisfactory evidence that such policy or policies of public liability insurance are in full force and effect, insuring said grantee against any ana all claims for damages in the nature of public liability or property damages arising from its construction, maintenance and operation of facilities under this franchise. Section 10. If any section, sentence, clause or phrase of this ordinance is for any reason held to be illegal, ultra vires, or unconstitutional, such invalidity shall not effect the validity of the remaining portions of this ordinance, and all ordinances and parts of ordinances in conflict herewith are hereby repealed. Section 11. This ordinance is in all things subject to and controlled by the terms and provisions of ARTICLE XI of the Charter of the City of Paris, and shall in no wise be construed as a viola- tion of said Article, or any provision thereof. Section 12. The grantee herein shall pay to the City of Paris the sum of One Dollar ($1.00)2 as consideration for the privi- lege of using and occupying the streets, highways, easements, alleys, parks and other public places in the City of Paris for the period from the effective date of this franchise up to and including the date and time when grantee begins the collection and receipt of monthly service charges for the transmission and distribution of television signals pursuant to this franchise. From and after the aeginning of the collection anci receipt of such monthly service charges, grantee shall pay to the City of Paris a sum equal to two per cent (2`'0) of the gross receipts collected by it as and for such monthly service charges for services rendered by said company irom its central receiving and distribution station to be located in or near the City of Paris to residential and commercial users of said grantee located in said City for the preceding calendar year, such annual franchise payments being due and payable on the 31st day of Decerrber, 1955, and annually thereafter, in full payment for the privilege of using and occupying the streets, highways, easements, alleys, parks, and other public places in the City of Paris for such respective calendar years, whether as rental, supervision and-in- spection charges or otherwise, and this payment shall be in lieu of any other tax or increased rate of tax or other assessments or charges, except ad valorem taxes. Section 13. This franchisF is not exclusive and nothing nerein contained snall be construed as to prevent the City of Paris from granting other like and similar rights and privileges to any other person, firm or corporation. Section 14. The rights herein granted shall cease, determine and be voided unless substantial progress is being made py gran±ee towards the installation of its said business to be operated pursuant to this franchise within 120 clays from the efrective date of this franchise, unless the time is extended by the City Council of the City of Paris, provided the grantee is not stopped by conditions be- yond its control. Section 15. This ordinance and franchise shall t-ake effect sixty (00) days after the adoption hereof by the City Council on its third and final readina.