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! <br /> <br />I <br />:1 <br /> <br />De <br /> <br />I 53 <br /> <br />City shall conduct an investigation and evaluation of the <br />Grantee and the System and the renewal proposal. This in- <br />vestigation and evaluation shall be completed by City within <br />six months after receipt of the application and determina- <br />tion by City of its completeness. <br /> <br />Renewal of this Franchise may be for any length of time but <br />not more than fifteen years, unless otherwise permitted by <br />federal or state law, and may be on a year to year basis in <br />the sole discretion of City. <br /> <br /> <br />