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(8) (9) for which this franchise is awarded. The grantee of this franchise s~all file with the Clerk of the City within three (9) months after the expiration of the calend~r ye~r~ or fractional calendar ye~r~ followin~ the date of the grant of this franchis% and within three (5) months ~fter the expiration of each and every calendar year thereafter~ a duly verified statement showing in detail the total gross receipts of the grante% its successors or assigns~ during the preceding calendar year, or such fractional calendar year~ from the sale of the utility service within the City for which this franchise is granted. The grantee sha]~ pay to the City within fifteen (15) days after the time for filing such statement, in lawful money of the United States~ the specified percentage of its gross receipts for the calend~r year or such fractional calendar year, covered by such statement. Any neglec% omission or refusal by the grantee to file such verified statemen% or to pay said percentag% at the times or in the msmner herein- before provided~ sh~l 1 be grounds for the declaration of a forfeiture of this franchise and of all rights thereunder. Grantee sha~ 1 not permit any right or privilege granted by the franchise to be exercised by another~ nor shall the franchise or any interest therein or any right or privilege thereunder be in whole or in part sold~ transferred~ leased~ assigned, or disposed of without the consent of the City expressed by resolution; provtded~ however~ that the provisions of the franchise shall not require any such consent and no consent shall be required for any transfer by grantee in trust or by way of mortgage or hypothecation covering ~.~1 or any part of grantee's property, which transfer~ mortgage or hypothecation shall be for the purpose of securing an indebtedness of grantee or for the pttrpose of renewing~ extending~ refunding~ retiring, paying or cancelling in whole or in part an~ such indebtedness at any time or from time to time. Any such sal% leas% assignmen% or other disposition of franchise for which consent of the City is required hereunder shall be evidenced by a dtuly executed instrument in writing filed in the office of the City Clerk. In the event the grantee shall fail to keep, ftulfi]_l or perform any of the terms or conditions of the franchise and shs. U 1 fa~l to remedy such default within thirty (30) days after notice from the City~ the City Council may, at its option exercised by resolution or orS~nanc% declare the franchise forfeited. Upon such declara- tion of forfeiture the franchise shs.~ be deemed cancelled and terminated and ali of the rights and privileges sttrrendered and terminated s.na the City may therea2ter exclude the grantee from further use of the public streets~ alleys and ways under the franchise. (10) The work of constructing~ maintaining~ operating~ renewing~ rep~iring~ changing the size or removing any pipe line, under the franchise shall, at a]_l times during the term of the franchise, in all respects comply with all of the rules~ regulation% ordinances and enactments of the City of Santa Aha and of such federal, state and county authorities as may have jurisdiction over said facilities; provided~ however~ that in each instance the paramount authority shall be binding on the grantee; and the City of Santa Ana hereby reserves ad~ regulatory power by law allowedto it over and with reference to the franchise and the exercise of rights~ power% and privileges under the same by the grantee. (~l) The location of the proposed pipe line s~atl follow the route as generally designated in the plat attached hereto dated J~ly 5~ 1961~ number OB-~=~ Rev.=~ ~ and shall be subject to the approval of the City Engineer of Santa An% California.