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2 <br /> 1.7 Public Ground. Land owned or otherwise controlled by the City for park, open <br />space or similar purpose, which is held for use in common by the public. <br /> <br /> 1.8 Public Way. Any street, alley, walkway or other public right-of-way within the <br />City. <br /> <br />SECTION 2. ADOPTION OF FRANCHISE. <br /> <br /> 2.1 Grant of Franchise. City hereby grants Company, for a period of 20 years from the <br />date passed and approved by the City, the right to transmit and furnish electric energy for light, heat, <br />power and other purposes for public and private use within and through the limits of the City as its <br />boundaries now exist or as they may be extended in the future (“Franchise”). For these purposes, <br />Company may construct, operate, repair and maintain Electric Facilities in, on, over, under and <br />across the Public Grounds and Public Ways of City, subject to the provisions of this Ordinance. <br />Company may do all reasonable things necessary or customary to accomplish these purposes, <br />subject, however, to such reasonable regulations as may be imposed by the City pursuant to <br />ordinance and to the further provisions of this Franchise. <br /> <br /> 2.2 Effective Date; Written Acceptance. This Franchise shall be in force and effect <br />from and after passage of this Ordinance, its acceptance by Company, and its publication as <br />required by law. The City, by Council resolution, may revoke this Franchise if Company does not <br />file a written acceptance with the City within 90 days after publication. <br /> <br /> 2.3 Service and Rates. The service to be provided and the rates to be charged by <br />Company for electric service in City are subject to the jurisdiction of the Commission. The area <br />within the City in which Company may provide electric service is subject to the provisions of <br />Minnesota Statutes, Section 216B.40. <br /> <br /> 2.4 Publication Expense. The expense of publication of this Ordinance will be paid by <br />City and reimbursed to City by Company. <br /> <br /> 2.5 Dispute Resolution. If either party asserts that the other party is in default in the <br />performance of any obligation hereunder, the complaining party shall notify the other party of the <br />default and the desired remedy. The Notice shall be written. Representatives of the parties must <br />promptly meet and attempt in good faith to negotiate a resolution of the dispute. If the dispute is not <br />resolved within 30 days of the Notice, the parties may jointly select a mediator to facilitate further <br />discussion. The parties will equally share the fees and expenses of this mediator. If a mediator is <br />not used, or if the parties are unable to resolve the dispute within 30 days after first meeting with the <br />selected mediator, either party may commence an action in District Court to interpret and enforce <br />this Franchise or for such other relief as may be permitted by law or equity.