§ 104-5. Notice of transfer, sale or assignment of assets in public rights-of-way.
Latest version.
A registrant shall not transfer, sell or assign all or any portion of its assets located
in public rights-of-way except to a person holding a valid registration issued pursuant
to section 104-4, hereof. Written notice of any such proposed transfer, sale, or assignment, along
with assignee/transferee's signed and sworn certificate of its compliance with the
requirements of this article, shall be provided by such registrant to the city at
least five days prior to the effective date of the transfer, sale or assignment. If
permit applications are pending in the name of the transferor/assignor, the transferee/assignee
shall notify the city manager that the transferee/assignee is the new applicant. Violation
of the requirements of this section 104-5 will subject the registrant to a fine of up to $500.00 for each day the registrant
fails to comply; provided however, city does not claim the right to approve or deny
registrants' asset transfers or assignments to communications services providers operating
at least one communications facility within the city, and the failure to comply with
this section does not void any such asset transfer or assignment. The city reserves
in right to exclude persons other than communications services providers from its
right-of-way. Transfers or assignments of a communications facility to persons other
than a communications services provider who will operate at least one communications
facility within the city require compliance with this section in insure continued
use of the public right-of-way.
