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| Article XIV. Franchises |
| Sec. 1400 Procedure; terms. |
| The City Council may
by ordinance provide a procedure for the granting of franchises
or grant franchises pursuant to the procedure provided by the
State law. Franchises may be granted for the use by any public
utility of the streets, public places or property of the City
upon such terms, conditions, restrictions and limitations as
may be prescribed by ordinance, but no franchise shall be granted
without reserving to the City adequate compensation for the
privilege conferred. Such franchises may be granted either for
a fixed or an indeterminate period. |
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