Any transactions which singularly or collectively result in change of 50 percent or more of the ownership or working control of the franchisee, or of the ownership or control of affiliated entities which have ownership or working control of the franchisee, or of control of the capacity or the facilities or substantial parts thereof of the franchisee shall be considered an assignment or transfer requiring city approval pursuant to BMC 13.15.240. Transactions between affiliated entities are not exempt from city approval; however, a transfer by a franchisee to another person or entity controlling, controlled by, or under common control with the franchisee shall not require city approval, provided notice thereof is timely provided to the city. [Ord. 2018-09-015 § 1].