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Cluster · other · no year
Maximum extension period for franchise continuation after expiration.
Not promoted to the official baseline.
This cluster is useful evidence for review. It does not drive the budget simulator until an admin confirms the amount against an official source and promotes it.
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Maximum extension period for franchise continuation after expiration.
F. Continuation of Franchise. If the City and the Company are unable to agree on the terms of a new franchise by the time this Franchise expires, this Franchise will remain in effect until a new franchise is agreed upon, or until 90 days after the City or the Company serves written Notice to the other party of its intention to allow Franchise to expire. However, in no event shall this Franchise continue for more than one year after expiration of the 20-year term set forth in Section 4-2-2.A of this Section.
Reasoning: This is a time period, not a dollar amount, but is included as a reference figure.