A franchise term may be extended by the city with the agreement of the grantee upon the same terms and conditions as the current agreement or upon such other terms and conditions as are mutually agreeable to the city and the grantee; provided that city council, after review, report and recommendation of the commission, finds such an extension to be in the interest of the public. The grantee of a franchise extension shall be required to accept the terms and conditions of the extension in conformity with VMC 5.19.130. (Ord. M-3371, 1998)