96-088 Ordinance - Laserfiche WebLink

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,0-%. dw,? (1),- ? =-The'Mayor shall notify the GRANTEE.:in-writing of.any occurcence ..: ._.. ..:... provided for in this Section. Within (180) one hundred eighty calendar days following receipt of said notice; the GRANTEE shall either remove from the streets of the city upon, over and under which its properties are located all of said properties or shall sell or abandon same, unless otherwise authorized and permitted by the Mayor. (2) The Mayor may declare abandoned any property of the GRANTEE remaining in place (181) one hundred eight-one calendar days after notification from him as hereinabove provided, and the same shall be considered permanently abandoned property unless the mayor extends the time for removal of said property for good cause shown. (C) Any property abandoned by the GRANTEE hereinabove or hereinafter provided shall become the property of the City, and the GRANTEE agrees to execute and deliver an instrument in writing transferring its ownership interest in any such property to fhe City, provided that any notice given the GRANTEE by the Mayor as provided in this Section shall be deemed notice to any other persons claiming interest said property of the GRANTEE, and said persons shall be subject to all the provisions hereinbefore provided_ SECTlON XXV: RIGHT TO EXTEND AGREEMENT The City reserves the right to unilaterally extend all terms and conditions of this franehise Agreement for a period of (1) one year (or such longer period as the City and GRANTEE shall mutually agree) beyond the expiration date of this Franchise Agreement. Should the City exercise such right, it shall notify the GRANTEE of its intent via Certified U.S. mail not less that (12) twelve months prior to the expiration date of the Franchise Agreement_ The GRANTEE waives any and all rights to object to such extension, providing the City notifies the GRANTEE (12) twelve month priorto the expiration date of this Agreement. ??