§ 21-49. Time is of the essence.  


Latest version.
  • Whenever this article or a franchise sets forth any time for any act to be performed by or on behalf of the grantee, such time shall be deemed to be of the essence, and any failure of the grantee to perform within the time allotted shall always be sufficient grounds for the city to invoke liquidated damages or initiate procedures leading toward the revocation of a franchise.

(Ord. No. 8113, § 1(19), 10-23-97)