Upon the city council’s decision, the public works director shall notify the applicant of the decision, including reason(s) for any denial, and instruct the applicant of the procedure to follow to complete execution of the agreement if approved by the city council. No franchise shall be deemed to have been granted hereunder until after the public hearing and city council approval of a written agreement setting forth the particular terms and provisions under which the franchisee has been granted the right to occupy and use public ways and both the city and applicant have fully executed the franchise and the applicant has provided the financial security, proof of insurance and any outstanding fees as required by Chapter 20.02 ACC. (Ord. 6798 § 3 (Exh. C), 2020; Ord. 5271 § 1, 1999; Ord. 5034 § 1, 1998. Formerly 20.06.050.)