9.60.080 Grantee to accept franchise.
A. Any franchise granted hereunder shall not become effective until written acceptance thereof shall have been filed by the grantee thereof with the City Clerk. Such acceptance shall be filed within ten days after the ordinance granting the franchise becomes effective unless the time is extended by the City Council.
B. In addition, no franchise granted for the collection and/or transportation of rubbish shall become effective unless and until all of the following requirements have been satisfied:
1. The ordinance granting the franchise is effective.
2. The applicant and the City have executed a franchise agreement in the manner specified by the Charter for the execution of contracts.
3. The applicant has paid the rubbish collection application fee as set forth in the schedule of fees established by resolution of the City Council.
4. Within twenty days from the date of adoption of the ordinance granting the franchise, or within such extended period of time as the City Council in its discretion may authorize, the applicant to whom a franchise has been granted has filed with the City Clerk a faithful performance bond, if such is required by the franchise agreement and evidence of compliance with the insurance requirements specified in the franchise agreement. (Ord. 6517-NS § 1, 1999)