[CC 2012 § 33.010; Ord. No. 161a]
The City shall from time to time grant or renew franchises to qualified companies, corporations or individuals for the furnishing of electric light and power, for the furnishing of natural or artificial gas, and for the furnishing of telephone service. The proceedings of the granting of such franchises shall be in accordance with the laws of the State of Missouri. Such franchises shall be granted or renewed for such periods of time as shall be deemed by the Board of Aldermen to be to the best interest of the City and the inhabitants thereof, but shall not exceed twenty (20) years.