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BILL NO. INTRODUCED BY COUNCILMEMBER SCHUMAN 8188 ORDINANCE;' NO. . .............................5973 ....................... AN ORDINANCE GRANTING TO METROPOLITAN FIBER SYSTEMS OF ST.. LOUIS? liNC. ? A LICENSE TO CONSTRUCT? OPERATE, MAINTAIN AND REPLACE COMMUNICATIGN TRANSMISSION LINES IN AND UPON PUBLIC ROADS, RllGHTS OF WAY. AND EASEMENTS IN THE CITY OF UNIVERSITY CITY., MISSOURI; PROVIDING FOR THE REGULATION OF ¥HE LICENSE SO GRANTED AND PROVIDING FOR COMPENSATION TO THE CITY OF UNIVERSITY CITY FOR THE GRANT F.IEREOF. BE IT OROAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: Sect_....__._.............. _ion :[. Gran..............._.........__.....__................_.t o~:' License: There is hereby gran~zed to Met. ropoiitan F.ibe~~ Systems o¢ St. Lou.is~ Inc. ("Ltcensee")~ a 'license t'.o construct, oDemate, maintain and ~eolace communications transmission lines and other nece~sapy aopuptenances (hepeina¢'te~ "the Facilities") in, under-, over, and upon public roadways, rights o¢ way and easements within the City o¢ University City ("City"), as mop6~ .Fully described in Exhibit A. ~,;hich is attached hereto and made a part hepeo.~. a, This license shall be ~:'c..,r an initial term o~:: ten (10) years. b. L. ice'~see shall have the ri.qht t,;) terminate this license at any time dur-.~ng the term o¢ this license upon one hundr*ed eighi:y (]80) days ~,,,ritten notice to the City without any additional cost c.',r obligatior' to Licensee. c. Neither party shall be in default under' this aoreement or in brea..ch ot--. any or'ovision hereof unless and until the other party shall have (~iven such part. y written n()tice oF such default and the deFauitin~ par-ty shai). have Failed to cur'e the default within thirty (30) cays a. Ften receipt o~ such notice: provided,. however, that where such default cannob reasonably be cu~ed within such thint. y (30) day period, i¥ the deeaultin~ party shall proceed ~)pomptly to cure the same and prosecute such cure with due dili(~ence, the time Fop c:uning such deYault. shall be extended Fop such period of: time as may be necessary under the circumstances to complete such cure. d, Unless sooner terminated, at the end o~:' said ten (i0) year term, the L:..censee and the City shall enter' into ,~ood ~:aith neqotiations iF) extend the term o{.' said license u~on terms and conditions mutual ly accep~iab le to the parties. During such ne~.~otiations? the license shall continue in ~:ull ~once and e~:~ect upon the sam~, terms and conditions until such time as: (1) The Licensee and ,:.he City el)replete the ne.q. ot. iations and the City issues a new license to Licensee~ or (2) Either party give'..~ written