The Council shall, prior to advertising intention to grant a franchise, consider and adopt a preliminary statement of the character of such franchise and the terms, restrictions, reservations, conditions, provisions and requirements to be met by the franchise holder and shall direct the City Clerk to prepare and make available at his or her office sufficient copies of such statement for interested parties. Such conditions, etc., shall include all of those set forth in this chapter which are applicable to the nature of the franchise to be awarded. Nothing in this section shall limit the discretion of the City Council to subsequently modify such terms, restrictions, reservations, conditions, provisions and requirements to be met by the franchise holder.
(Rev. Code 1954 § 1035; O1960; O2003 11)