§ 74-165. Revocation of franchise.

Violation by the grantee of any of the covenants, terms and conditions of this article, or default by the grantee in observing or carrying into effect any of such covenants, terms and conditions, shall authorize and empower the city council to declare a forfeiture of and to revoke and cancel all rights granted under this article; provided, however, that before such action by the city council shall become operative and effective, the grantee shall have been served by the city with a written notice, setting forth all matters pertinent to such violation or default and describing the action of the city council with respect thereto, and shall have had a period of five days thereafter within which to terminate such violation or default; and provided further that any violation or default resulting from a strike, a blackout, an act of God or any other cause beyond the control of the grantee shall not constitute grounds for revoking and cancelling any rights under this article. If the grantee, upon receipt of the written notice from the city, should dispute or deny the existence of the violation or default therein asserted, the grantee shall have the right, within the five-day period following the receipt of the notice, to submit all matters in dispute to a board of arbitration as provided for in this article.

(Code 1961, § 19-64; Code 1985, § 25-109)