13.15.240 Assignments or transfers of franchise.
A. A franchise granted under this chapter may not be transferred or assigned without the prior written consent of city council granted by ordinance. No consent shall be required, however, for a transfer in trust, by mortgage or by assignment of any rights, title or interest of the franchisee in the franchise in order to secure indebtedness.
B. A franchisee and the proposed assignee or transferee shall provide and certify the following to the city not less than 120 days prior to the proposed date of any assignment or transfer requiring the consent of city council hereunder:
1. Complete information setting forth the nature, terms and conditions of the proposed assignment or transfer;
2. All information otherwise reasonably required by the city of a franchise applicant under this chapter with respect to the proposed assignee or transferee;
3. Any other information reasonably required by the city; and
4. An application fee which shall be set by the city, plus any other costs actually and reasonably incurred by the city in processing and investigating the proposed assignment or transfer.
C. No assignment or transfer shall be approved unless the assignee or transferee has at least the legal, technical, financial, and other requisite qualifications to carry on the activities of the franchise granted hereunder.
D. Any transfer or assignment of a franchise without the prior written consent of the city as required herein shall make the franchise subject to termination by city council. [Ord. 2018-09-015 § 1].