§ A144-6. Term of franchise.

The franchise granted hereunder shall be a single-term franchise, which said franchise shall commence 180 days from the date of the introduction of this ordinance, and remain in force and effect for a period of 20 years thereafter, provided that the franchisee shall have commenced operation of the incinerator, constructed pursuant to the terms of this franchise agreement, during the said one-hundred-eighty-day period, and continues said operation from the date of the commencement of operation until the effective date of the commencement of the franchise. It is further provided that, in the event that the franchisee shall fail to commence and continue thereafter the operation of its incinerator as contemplated by this ordinance, then, upon the occurrence of such failure and the expiration of six months from the date of the adoption of this ordinance, the franchise granted shall be null and void and of no force and effect. It is not intended that the provisions of this section shall in any way alter any other provisions of this ordinance or of the ordinance heretofore adopted to which this section is an amendment, with regard to the rights of the Borough of Wanaque or the franchisee, in the event of a default subsequent to the effective commencement date of the franchise.

Amended 10-28-1970 by Ord. No. 17-67-1970