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acceptance does not take place, this Franchise and any and all rights previously granted to <br />Grantee shall be null and void. <br />(a) Upon acceptance of this Franchise, Grantee shall be bound by all the terms <br />and conditions contained herein, subject to the effectiveness of the Franchise as required <br />in Section 11(1). <br />(b) Grantee shall accept this Franchise in the following manner: <br />(i) This Franchise will be properly executed and acknowledged by <br />Grantee and delivered to City. <br />(ii) With its acceptance, Grantee shall also deliver any performance <br />bond and insurance certificates required herein that have not previously been <br />delivered. <br />Passed and adopted this 8th day of July, 2013. <br />CITY OF ORONO, MINNESOTA <br />Dated: {l L1.y-~ l._~_~2013 By:~~=-><--·..lol><-=W~&~~~' ~ <br />Its: -L..H~~ ...... ;v\~----- <br />ATTEST: <br />171276v2 28 <br />106