Transfers of Ownership or Control.

North Las Vegas Municipal Code § 8.08.140

in effect

8.08.140 - Transfers of Ownership or Control. A. City Approval Required. 1. A Franchise shall be a privilege that is in the public trust and personal to the Franchisee. A Franchisee's obligations under its Franchise involve personal services whose performance involves personal credit, trust, and confidence in the Franchisee. 2. No transfer of ownership or control shall occur unless prior written request for approval is made by the Franchisee to the City, and the City Council's prior written consent is obtained, pursuant to this chapter and the Franchise Agreement, and only then upon such terms and conditions as the City Council deems necessary and proper. Any such transfer of ownership or control without the prior written consent of the City Council shall be considered to impair the City's assurance of due performance. The granting of approval for a transfer of ownership or control in one instance shall not be deemed as granting approval of any subsequent transfer of ownership or control. B. Approval Does Not Constitute Waiver. Approval by the City Council of a transfer of ownership or control does not constitute a waiver or release of any of the rights of the City under this chapter or a Franchise Agreement, whether arising before or after the date of the transfer of ownership or control. C. Request for Transfer. 1. A Franchisee shall promptly notify the City Manager or their designee of any proposed transfer of ownership or control. 2. Prior to any transfer of ownership or control, the Franchisee shall submit to the City Manager or their designee a written request for approval of the transfer of ownership or control. Such request shall provide complete information on the proposed transaction, including details on the legal, financial, technical, and other qualifications of the transferee, and any other information as determined necessary by the City Manager or their designee. 3. For the purposes of determining whether the City will consent to a transfer of ownership or control, the City or its agents may inquire into all qualifications of the prospective transferee and such other matters as the City may deem necessary to determine whether the transfer of ownership or control is in the public interest and should be approved, denied, or conditioned. The Franchisee and any prospective transferee shall assist the City in any such inquiry, and if they fail to do so, the request for transfer of ownership or control may be denied. 4. Any transfer of ownership or control without the City Council's prior approval shall be ineffective, and shall be grounds for revocation of the Franchise, at the City Council's sole discretion, and for any other remedies available under the Franchise Agreement or applicable law. 5. A Franchisee shall be fully liable under its Franchise Agreement for any transfer of ownership or control that is in violation of the terms of its Franchise Agreement and/or this chapter and caused in whole or in part by any other entity or entities, including, but not limited to, any parent entities or affiliated entities, as if such transfer of ownership or control had been caused by the Franchisee itself. D. Determination by the City Council. The City Council, in its sole discretion, may approve or deny a transfer of ownership or control of a Franchise. As part of its determination the City Council may approve a transfer subject to such conditions as the City Council may deem necessary. In addition, the following conditions shall apply to any approval of transfer of ownership or control of a Franchise: 1. The City reserves the right to review, inter alia, the purchase price of any transfer of ownership or control of a Franchise or Ambulance Service operation, and to take any necessary steps, including denial of the transfer of ownership or control, to ensure that any negotiated sale value which the City deems unreasonable will not adversely affect rates charged by the Ambulance Service Franchisee. 2. Any mortgage, pledge or lease shall be subject to and subordinate to the rights of the City under the Franchise Agreement, this chapter, and other applicable law. E. Transferee's Agreement. No application for a transfer of ownership or control shall be approved unless the transferee agrees in writing that it will abide by and accept all terms of the Franchise Agreement, any other agreements between the City and Franchisee, and this chapter, and that it will assume the obligations, liabilities, and responsibility for all acts and omissions, known and unknown, of the previous Franchisee under its Franchise Agreement, other agreements between the City and Franchisee and this chapter for all purposes, including renewal, unless the City Council, in its sole discretion, expressly waives this requirement in whole or in part. (Ord. No. 3268, § 1, 2-4-2026)

Source: City of North Las Vegas, Nevada, Municipal Code and City Charter (Municode Library, library.municode.com)URL: https://library.municode.com/nv/north_las_vegas/codes/code_of_ordinances?nodeId=TIT8HESA_CH8.08AM_8.08.140TROWCOFetched: 11/1/2026