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of $150,000 within 30 days after written acceptance <br />of this franchise by Company, and not less than <br />$160,000 per year payable in quarterly installments <br />commencing on January 10, 1974, to be allowed as an <br />operating expense to the Company and which shall be used <br />to secure compliance with this ordinance, and for such <br />other purposes relating to the Company's costs of service <br />as the Authority shall deem necessary. The amount of such <br />annual payment shall be subject to review and revision by the <br />Authority and Company at the end of 1975 and thereafter <br />as mutually agreed to. <br />Section 24. ASSIGNMENT. Company upon notice <br />to the municipality shall have full right and authority <br />to assign all rights conferred upon it by this ordinance <br />to any person, persons, firm or corporation. The assignee <br />of such rights, by accepting such assignment, shall <br />become subject to the terms and provisions of this <br />ordinance. <br />Section 25. WRITTEN ACCEPTANCE. Company shall, <br />if it accepts this ordinance and the rights hereby granted, <br />file a written acceptance of the rights hereby granted <br />with the Municipal Clerk within 30 days after the effective <br />date of the agreement establishing the Authority. <br />Section 26. REVOCATION. If this uniform franchise <br />ordinance is not adopted by July 31, 1973, by Municipalities <br />30 <br />