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It <br /> Section 2. Franchise Extension. The City hereby extends the term of the current <br /> natural gas franchise held by Puget Sound Energy to and including June 30, 2004. This section <br /> supersedes any contrary provision of Ordinance 390-76, Ordinance 2604-02, and Ordinance 2681- <br /> 03. <br /> Section 3. Acceptance. Puget Sound Energy shall provide its written and <br /> acknowledged unconditional acceptance and promise to comply with all provisions, terms and <br /> conditions of the franchise agreement in Ordinance 390-76 during the extension period. <br /> Section4. Effective nate. This ordinance and the franchise term extension provided <br /> for by Section 2 of this ordinance shall be effective upon the later to occur of: <br /> a. The expiration of thirty(30)days from the adoption of this ordinance; and <br /> b. The filing of Puget Sound Energy's acceptance and promise to comply as described in <br /> section three (3). <br /> If Puget Sound Energy does not file its acceptance and promise to comply as described in section <br /> three (3) within forty-five(45) days from the adoption of this ordinance,then this ordinance shall be <br /> null and void. <br /> " ':J_Ie J � <br /> "Sf-'161A------- <br /> Frank E. Anderson, ayor <br /> ATTE T: <br /> I' I <br /> C/4-12...a.-__ <br /> City Clerk <br /> Passed: 10-22-03 <br /> Valid: 10-23-03 <br /> Published: 10-29-03 <br /> Effective: 12-2-03 <br /> AN ORDINANCE GRANTING AN EXTENSION OF THE NATURAL GAS FRANCHISE NOW HELD BY PUGET SOUND ENERGY <br /> Page 2 <br />