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2.1 Grant of Franchise. City hereby grants Company, for a period of 2U years from thi, <br />date passed and approved by the City, the fight to transmit and fim-lish electric energy for light, heat <br />power and other purposes for public and private use within and through the limits of the City as its <br />boundaries now exist or as they may be extended in the future. For these purposes, Company may <br />construct, operate, repair and maintain Electric Facilities in, on, over, under and across the Public <br />Grounds andPublic Ways of City, subject to the provisions of tliis Ordinance. Company may do all <br />reasonable things necessary or customary to accomplish these purposes, subject, however, to such <br />reasonable regulations as may be imposed by the City pursuant to ordinance and to the further <br />I.mrovisions of this francbise agreement. <br />2.2 Effective Date, Written Ag=tanc . Tliis franchise agreement shall be in force <br />effect from and after passage of this Ordinance, its acceptance by Company, and its pub1hication <br />-required by law. The City, by Council resolution, may revoke tl-�s franchise agreement if Comp <br />does not file a written acceptance with the Citywithin 90 days after publication. I <br />2.3 Service and Rates. 'Me service to be provided and the rates to be charged by CompaiM, <br />for electric service in City are established by Company's Board of Directors. The area within tflhe Ci I <br />in which Company may provide electric service is subject to the provisions of Minnesota Statut] <br />Section 216B.40. <br />2.4 'Publication E=ensp. The expense of publication of this Ordinance will. be paid <br />City and reimbursed to City by Company. I <br />2.5 Dispte Resolution. If either party asserm that the other party is in default /'.. the <br />perfottnance of any obligation hereunder, the cornpbdf�ing party shall notify the other party of the <br />default and the desired remedy. The notification shall be written. Representatives of die parties must <br />promptly meet and attempt in good faith to negotiate a resolution of the dispute. If the dispute is not <br />resolved within 30 days of t notice, the parties may jointly select a mediator to factate <br />further discussion. The pardes will equally share the fees and expenses of this mediator. If a mediator <br />is not use or if the 12a 'es are unable to resolve the d in ting with <br />1 -ft &1snutewithin 30 daU after first ee <br />party may take any other action permitted by law. <br />3.1 Location of Facilities. Electric Facilities shall be located, constructed and 11�tm <br />so as not to interfere with the safety and convenience of ordinary travel along and over Public WO <br />and so as not to disrupt normal operation of any City Utility System. Facilities shall be located <br />C <br />Public Grounds as determined by the City. Compan:y's construction, reconstruction, operation, rep L. <br />maintenance and location of Electric Facilities shall be subject to permits if required by separa <br />ordinance and to other reasonable regulations of the City to the extent not inconsistent with the teri <br />of this franchise agreement. Company may abandon underground Electric Facilities in place, provid <br />at the s r ues CQanv will remove such un Electric Facilities which interfere withi <br />me i"W <br />1 1 1 RIA110111 11140301 VA KOJI 0 0115wil ('1441 IL -1114i 00 aRy.-Tt I A <br />0 <br />