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Company's facilities while performing any work connected with grading or changing the line <br />of any Street or public place or with the construction or reconstruction of any sewer or <br />water system. <br />ARTICLE 9. REVOCATION, ABANDONMENT, PURCHASE AND REMOVAL OF SYSTEM. <br />9.01 Grantor's Right to Revoke. Grantor reserves the right, in its sole discretion, to <br />terminate and cancel the Franchise and all rights and privileges of the Franchise in the <br />event: (1) Company substantially violates any provision of the Franchise, (2) Company <br />attempts to evade any of the provisions of the Franchise, (3) Company practices any fraud <br />or deceit upon Grantor, (4) Company becomes insolvent, unable or unwilling to pay its <br />debts, (5) Company is adjudged bankrupt, (6) Company materially misrepresents a fact in <br />the application for or negotiation of the Franchise, or (7) upon the conviction of any <br />director, officer, employee or agent of Company of the offense of bribery or fraud connected <br />with or resulting from the awarding of the Franchise. Nothing in the Franchise granted by <br />this Ordinance shall preclude termination of it at any time by mutual agreement of -both <br />Grantor and Company. <br />9.02 Procedures. Grantor shall provide Company with a written notice of the cause <br />for termination and its intention to terminate the Franchise and shall allow the Company a <br />minimum of thirty (30) days after service of the notice in which to correct the violation. <br />Company shall be provided with an opportunity to be heard at a public hearing before <br />Grantor prior to the termination of the Franchise. In the event Grantor determines to <br />terminate the Franchise, Company shall have a period of thirty (30) days, from the date of <br />the conclusion of the public hearing at which the termination of the Franchise was <br />16 <br />