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of $150,000 within 30 days after written acceptance <br /> of this franchise by Company, and not less than <br /> $160,000 per year payable in quarterly installments <br /> commencing on January 10, 1974, to be allowed as an <br /> operating expense to the Company and which shall be used <br /> to secure compliance with this ordinance, and for such <br /> other purposes relating to the Company's costs of service <br /> as the Authority shall deem necessary. The amount of such <br /> annual payment shall be subject to review and revision by the <br /> Authority and Company at the end of 1975 and thereafter <br /> as mutually agreed to. <br /> Section 24. ASSIGNMENT. Company upon notice <br /> to tYie municipality shall have full right and authority <br /> to assign all rights conferred upon it by this ordinance <br /> to any person, persons, firm or corporation. The assignee <br /> of such rights, by accepting such assignment, shall <br /> �ecome subject to the terms and provisions of this <br /> ordinance. <br /> Section 25. WRITTEN ACCEPTANCE. Company shall, <br /> if it accepts this ordinance and the rights hereby granted, <br /> file a written acceptance of the rights hereby granted <br /> with the Municipal Clerk within 30 days after the effective <br /> date of the agreement establishing the Authority. <br /> Section 26. REVOCATION. If this uniform franchise <br /> orc�inance is not adopted by July 31, 1973, by Municipalities <br /> _ 30 <br />