In the event that any franchise shall be in violation of any of the terms or provisions of such agreement, the Board of Trustees, within its discretion, may:
A. 
Withdraw, suspend or revoke the franchise;
B. 
Revert the rate increase for taxicabs;
C. 
Have a summons issued for each and every violation of the terms and provisions of such agreement and/or charge a fine for each and every said violation; or
D. 
Summon the franchise holder, on written notice, before the Board of Trustees.