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Ordinance No. 92-12 t CITY OF TIGARD, OREGON ORDINANCE NO. 92-f AN ORDINANCE EXTENDING THE TERMINATION DATE OF ORDINANCE 72-55 WHICH GRANTED A NON-EXCLUSIVE ELECTRIC UTILITY FRANCHISE TO PORTLAND ELECTRIC COMPANY AND DECLARING AN EFFECTIVE DATE. THE CITY OF TIGARD ORDAINS AS FOLLOWS' SECTION 1: Term Extension. The Franchise granted by Ordinance 72-55 is hereby extended until November 10, 1992. SECTION 2: When Effective. It is hereby declared that an emergency exists and that it is necessary for the immediate preservation of the peace, health, and safety of the people of the become effective immediately in order to provide the City of Tigard,Oregon,that this ordinance continuity of electric service, insure public revenues, and authorize the proper use of public property within the City, and this Ordinance shall be in full force and effect upon its passage by the Council and approval by the Mayor. �� da SECTION 3: Acceptance. The grantee shall, within thirty (30) days from this _ y of l' , 1992, file with the City its written unconditional acceptance of this extension, and if the grantee fails to do so, this Ordinance shall be void. PASSED: By;-1 - mous vote of all Council members present after being read two times by number and title only,this '_day of 1992. L, 1992• tCatherine Wheatley, City Recorder APPROVED: This<>eo day of i L92. Gerald Edwards, Mayor Approved as to form: City A orney C ass 1� � t ORDINANCE No. 92-142— Page 1