§ A210-14. Transfer of franchise.  


Latest version.
  • Any franchise granted under this ordinance shall be a privilege to be held in trust by the grantee and is nonassignable. It cannot, in any event, be sold, transferred, leased, assigned or disposed of, in whole or in part, either by forced or voluntary sale, merger, consolidation or otherwise, without the prior consent of the council as expressed by resolution and then only under such conditions as described in §§ A210-15, A210-16, A210-17 and A210-18 of this ordinance.