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<br />. <br /> <br />. <br /> <br />. <br /> <br />This Franchise sets forth the entire agreement between the parties respecting <br />the subject matter hereof. All agreements, covenants, representations, and <br />warranties, express and implied, oral and written, of the parties with regard to the <br />subject matter hereof are contained herein. No other agreements, covenants, <br />representations or warranties, express or implied, oral or written, have been <br />made by any party to another with respect to the matter of this Franchise. All <br />prior and contemporaneous conversations, negotiations, possible and alleged <br />agreements, representations, covenants and warranties with respect to the <br />subject matter hereof are waived, merged herein and therein and are <br />superseded hereby and thereby. <br /> <br />SECTION 8. ACCEPTANCE OF FRANCHISE <br /> <br />Section 8.1 Publication and Effective Date. <br /> <br />This Franchise will be effective on the date of acceptance by Grantee. This <br />Franchise shall be enacted and published in accordance with applicable local <br />and Minnesota law. <br /> <br />Section 8.2 Time for Acceptance. <br /> <br />a. The Grantee must accept this Franchise within sixty (60) days of <br />enactment by the City, unless the time for acceptance is extended by the City. <br />Acceptance by the Grantee will be deemed the grant of this Franchise for all <br />purposes. <br /> <br />b. Upon acceptance of this Franchise, the Grantee and City will be <br />bound by all the terms, conditions and obligations contained herein. <br /> <br />Section 8.3 Manner for Acceptance. <br /> <br />The Grantee must accept this Franchise in the following manner: <br /> <br />a. The Franchise must be fully executed and acknowledged by <br />Grantee and delivered to the City. <br /> <br />b. The Grantee must also deliver any construction bond and <br />insurance certificates required herein that have not previously been delivered, <br />with its acceptance. <br /> <br />Section 8.4 Failure to Accept. <br /> <br />In the event the Grantee does not timely accept this Franchise in accordance <br />with the requirements herein, this Franchise and all rights granted herein are null <br />and void. <br /> <br />Passed and adopted this 3rd of January 2005. <br /> <br />RJV-257202vl <br />SH255-1 <br /> <br />11 <br /> <br /> <br />8, <br />