Section 12.05.120 Assignment.

No sale or assignment of any franchise, license or lease of the use of the public right of way or other public property shall be effective until it is approved by the city council and until the holder thereof has filed in the office of the city clerk written notice of the proposed sale, transfer, disposition assignment, such notice to clearly summarize the proposed procedure and the terms and conditions thereof. Such approval by the city shall not be unreasonably withheld. The proposed vendee, assignee or lessee shall similarly file an instrument, duly executed, reciting such proposal, accepting the terms of the franchise, license or lease and agreeing to perform all of the conditions thereof. (Ord. 98/U-6224; S-38669, 1979)