Section 365. Terms of agreements; enforcement  


Latest version.
  • a.  Every  agreement
      memorializing the terms and conditions of a franchise, revocable consent
      or concession shall contain adequate provisions by way of forfeiture  or
      otherwise  (1)  to  secure  efficiency  of  public service at reasonable
      rates, if a public  service  is  to  be  provided,  (2)  to  assure  the
      maintenance of the property of the city in good condition throughout the
      term  of  the agreement, and (3) to provide for adequate compensation to
      the city.
        b. Every  agreement  memorializing  the  terms  and  conditions  of  a
      franchise, revocable consent or concession shall contain an agreement by
      the grantee that it will (1) permit the placement or display of the pub-
      lic  health  messages  required  by  section  17-621 of the code, on any
      property subject to such franchise, revocable consent or concession,  or
      any facility, plant, equipment or other property used in connection with
      such  franchise, revocable consent or concession; and (2) bear any costs
      associated with the posting of such public health messages and any costs
      in terms of foregone advertising revenues associated with the  placement
      or display of such public health messages.
        c.  The  responsible  agency shall also monitor the performance of the
      grantee and enforce the terms and conditions of any franchise, revocable
      consent or concession under its jurisdiction.