Chapter 5.35 FRANCHISE - TELECOMMUNICATIONS
Section 5.35.240 Assignment.
A Franchise Agreement may not be assigned or transferred without prior written
consent from the City, said consent shall not be unreasonably withheld. Franchisee may
freely assign this franchise in whole or in part to a parent, subsidiary, or affiliated
corporation or as part of any corporate financing, reorganization, or refinancing. All
assignments of a franchise and special grant must be in writing and a copy thereof filed in
the office of the City Recorder before any such assignment or transfer will be recognized
by the City.
Franchisee may, without the prior written notice to the City:
A. Lease the facilities or any portion thereof to another;
B. Grant an indefeasible right of user interest in the facilities or any portion
thereof to
another; or
C. Offer to provide capacity
or band width in its facilities to another, provided that
Franchisee at all times retains exclusive control over such facilities and remains
responsible for locating, servicing, repairing, relocating, or removing its facilities
pursuant to the terms and conditions of this franchise.
(Ord. 2009-25, Add, 10/30/2009)