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CHAPTER 10. FRANCHISES <br />SECTION 10.01. FRANCHISES GENERALLY. <br /> Except as otherwise provided by state law, no person, firm or corporation shall place or maintain any permanent or semi- <br />permanent fixtures in, over, upon, or under any street or public place for the purpose of operating a public utility, or for any <br />other purpose, without a franchise therefore from the City. A franchise shall be granted only by ordinance, which shall not be <br />an emergency ordinance. No exclusive franchise shall be granted unless the proposed ordinance is submitted to the voters <br />of the City following a public hearing and approved by at least a majority of those voting thereon. Every ordinance granting a <br />franchise shall contain all the terms and conditions of the franchise. The grantee shall bear the costs of publication of the <br />franchise ordinance and shall make a sufficient deposit with the City Clerk to guarantee publication before the ordinance is <br />passed. <br />(Amended 5-27-2003) <br />SECTION 10.02. TERM. <br /> No perpetual franchise or privilege shall be created, nor shall any exclusive franchise or privilege be granted for a period of <br />more than twenty-five (25) years. <br />SECTION 10.03. PUBLIC HEARING. <br /> Before any franchise ordinance is adopted or any rates, fares, or prices to be charged by a public utility are fixed by <br />Council, the Council shall hold a public hearing on the matter. Not less than ten (10) days prior to the date of the hearing, <br />notice of such hearing shall be published at least once in the official newspaper and additional notice of such hearing shall <br />be given in such manner as the Council shall determine. <br />SECTION 10.04. POWER OF REGULATION RESERVED. <br /> Subject to any applicable state law, the Council may by ordinance reasonably regulate and control the exercise of any <br />franchise, including the maximum rates, fares, or prices to be charged by the grantee. No franchise value shall be included <br />in the valuation of the grantee’s property in regulating utility rates, fares, or prices under any applicable state or municipal <br />law, or regulation, or in proceedings for municipal acquisition of the grantee’s property by purchase or eminent domain. <br />SECTION 10.05. RENEWALS OR EXTENSIONS. <br /> Every extension, renewal, or modification of any existing franchise, or of any franchise granted thereafter, shall be subject <br />to the same limitations and shall be granted in the same manner as a new franchise. <br />Page 41 of 168