§ 7. Commencement of term  

Latest version.
  • The franchise term shall commence with the adoption of this ordinance, provided that the Company has filed within thirty (30) days after publication of the ordinance, a written acceptance with the City Clerk in such form as the City Attorney may prescribe, and provided further that the bond, the evidence of comprehensive liability insurance and letter of credit, which are required by this ordinance, shall have been filed and approved by the City Attorney within ninety (90) days after the publication of the ordinance. (2010-Or-043, § 1, 4-16-10)