§ 1060-300. ACCEPTANCE AND EFFECTIVE DATE OF FRANCHISE

(a)

No franchise granted under this chapter shall become effective unless and until the resolution granting the franchise has become effective and, in addition, unless and until all things required in this section and Section 1060-210, subsections (a) and (b), Section 1060-220, subsections (a) and (b) and Sections 1060-280, and 1060-290 of this chapter are done and completed, all of such things being hereby declared to be conditions precedent to the effectiveness of any such franchise granted under this chapter. In the event any of such things are not done and completed in the time and manner required, the Grantor may declare the franchise null and void.

(b)

Within 30 days after the effective date of the resolution awarding a franchise, or within such extended period of time as the Grantor in its discretion may authorize the Grantee shall file with the County Clerk its written acceptance of the franchise together with the bond and insurance policies required by Section 1060-210, subsections (a) and (b), and Section 1060-220, subsections (a) and (b), of this chapter, and this agreement to be bound by and to comply with to do all things required of him by the provisions of this chapter and the franchise. Such acceptance and agreement shall be acknowledged by the Grantee before a notary public, and in form and content shall be satisfactory to and approved by the Grantor's Attorney.