ORD 1829 - Laserfiche WebLink

C. Grantor~s Power to Revoke (1) Grantor may revoke any Franchise granted pursuant to this Ordinance and rescind all rights and privileges associated with it in the following circumstances, each of which shall represent a default by Grantee and a material breach under the Franchise: (a) If Grantee fails to perform any of its matedal obligations under this Ordinance or the Franchise Agreement and continues such failure to perform after receipt of due notice and a reasonable opportunity to cure; (b) If Grantee fails to provide or maintain in full force and effect the insurance coverage or security fund as required in the Franchise Agreement; (c) If Grantee violates any order or ruling of any regulatory body having jurisdiction over the Grantee relative to the Grantee's Franchise, unless such order or ruling is being contested by Grantee in good faith in an appropriate proceeding; (d) If Grantee knowingly practices any material fraud or deceit upon Grantor; (e) If Grantee becomes insolvent, unable or unwilling to pay its debts, or is adjudged a bankrupt. (2) After completing the procedures set forth in Section 15.2 above, the Grantor may make a formal request before the Council that the Grantee's Franchise be revoked. The Council shall cause to be served on the Grantee written notice of its intent to consider revoking Grantee's Franchise. Such notice shall be served on Grantee at least sixty (60) days prior to the date of the hearing on the issue. The notice shall contain the time and place of the hearing and shall be published at least once in a newspaper of general circulation within the Franchise area ten (10) days pdor to the headng date. (3) The Council shall hear any Person(s) interested in the revocation and within ninety (90) days after the date of the headng shall make its determination, based 42