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Ordinance 621
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Ordinance 621
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6/4/2007 2:43:55 PM
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2/2/2007 3:23:53 PM
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<br />. <br /> <br />or remedies shall not be deemed a waiver of the right to exercise at the same time <br />or thereafter any other right or remedy. <br /> <br />7. <br /> <br />Grantee Acknowledgment of Validity of Franchise. Grantee acknowledges that it <br />has had an opportunity to review the terms and conditions of this Franchise and <br />that under current law Grantee believes that said terms and conditions are not <br />unreasonable or arbitrary, and that Grantee believes City has the power to make <br />the terms and conditions contained in this Franchise. <br /> <br />SECTION 14. <br /> <br />PUBLICATION EFFECTIVE DATE; ACCEPTANCE AND EXHIBITS <br /> <br />1. Publication: Effective Date. This Franchise shall be published in accordance with <br />applicable local and Minnesota law. The Effective Date of this Franchise shall be <br />the date of acceptance by Grantee in accordance with the provisions of Section <br />14.2. <br /> <br />2. Acceptance. <br /> <br />a. <br /> <br />Grantee shall accept this Franchise within sixty (60) of its enactment by the <br />City Council, unless the time for acceptance is extended by City. Such <br />acceptance by the Grantee shall be deemed the grant of this Franchise for <br />all purposes provided, however, this Franchise shall not be effective until <br />all City ordinance adoption procedures are complied with and all applicable <br />timelines have run for the adoption of a City ordinance. In the event <br />acceptance does not take place, or should all ordinance adoption procedures <br />and timelines not be completed, this Franchise and any and all rights <br />granted hereunder to Grantee shall be null and void. <br /> <br />.. <br /> <br />b. Upon acceptance of this Franchise, Grantee and City shall be bound by all <br />the terms and conditions contained herein. <br /> <br />c. Grantee shall accept this Franchise in the following manne:: <br /> <br />i. This Franchise will be properly executed and acknowledged by <br />Grantee and delivered to City. <br /> <br />ii. With its acceptance, Grantee shall also deliver any grant payments, <br />performance bond and insurance certificates required herein that <br />have not previously been delivered. <br /> <br />. <br /> <br />33 <br />
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