§ A380-4. Duration of franchise.

A. 

The nonexclusive municipal consent granted herein shall expire 15 years from the date of expiration of the previous certificate of approval issued by the Board (with a ten-year automatic renewal as provided by N.J.S.A. 48:5A-19 and 25, and N.J.A.C. 24:18-13.6).

B. 

In the event that the Borough shall find that the company has not substantially complied with the material terms and conditions of this ordinance, the Borough shall have the right to petition the OCTV, pursuant to N.J.S.A. 48:5A-47, for appropriate action, including modification and/or termination of the certificate of approval; provided, however, that the Borough shall first have given the company written notice of all alleged instances of noncompliance and an opportunity to cure same within 90 days of that notification.