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(4) Grantee fails to comply with all provisions of federal, state or local law pertaining to <br /> Telecommunications System operators. <br /> B. Grantee shall have thirty(30) days from the receipt of such notice to: <br /> (1) respond to the City, contesting the City's assertion that a default has occurred, and <br /> requesting a meeting in accordance with subsection(C),below; or <br /> (2) cure the default; or <br /> (3) notify the City that Grantee cannot cure the default within the thirty (30) days, because of <br /> the nature of the default. In the event the default cannot be cured within thirty (30) days, <br /> Grantee shall promptly take all reasonable steps to cure the default and notify the City in <br /> writing and in detail as to the exact steps that will be taken and the projected completion <br /> date. In such case, the City may set a meeting below to determine whether additional time <br /> beyond the thirty (30) days specified above is indeed needed, and whether Grantee's <br /> proposed completion schedule and steps are reasonable. <br /> C. If Grantee does not cure the alleged default within the cure period stated above, or by the <br /> projected completion date, or denies the default and requests a meeting in accordance, or the City <br /> orders a meeting in accordance with subsection (B), the City shall set a meeting to investigate said <br /> issues or the existence of the alleged default. The City shall notify Grantee of the meeting in <br /> writing and such meeting shall take place no less than thirty (30) days after Grantee's receipt of <br /> notice of the meeting. <br /> D. If, after the meeting, the City determines that default exists, the City shall order Grantee to <br /> correct or remedy the default or breach within fifteen(15)days or within such other reasonable time <br /> as the City shall determine. In the event Grantee does not cure within such time frame to the City's <br /> reasonable satisfaction,the City may: <br /> (1) Withdraw an amount from the irrevocable letter of credit or performance bond as monetary <br /> damages; <br /> (2) Revoke and terminate this Franchise; and <br /> (3) Take any other legal or equitable remedy available under this Franchise or any applicable <br /> law. <br /> These remedies are cumulative and not exclusive. <br /> E. The determination as to whether a violation of this Franchise has occurred shall be within the <br /> discretion of the City, provided that any such final determination may be subject to appeal to the <br /> City Council or review by a court of competent jurisdiction under applicable law. <br /> 24 of 29 <br />