§ 3. ORDINANCE GRANTING FRANCHISE.

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Every ordinance granting, renewing, extending, or amending a franchise shall be read at three regular meetings of the council, and shall not be finally acted upon until 30 days after the first reading thereof. Within five days following each of the three readings of the ordinance, the full text thereof shall be published one time in some newspaper of general circulation in the city, and the expense of such publication shall be borne by the prospective franchise holder. No such ordinance shall become effective until the expiration of 60 days following the date of its final adoption by the council, and every such ordinance shall be subject to the referendum procedure provided by state law.
Amendment note: Section 3 appears as amended at the election of May 7, 1994.

Source: Ord. No. 20180809-113 , Pt. 7, 8-20-18/election of 11-6-18.

                    
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