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12 -1: Existing Franchises. Franchises and utility permits in effect upon the effective date of <br />this Charter shall remain in full force and effect for the remainder of their terms. <br />Savings Clause. The adoption of this Charter shall not be construed, except as <br />specifically provided herein, to affect any offense or act committed, any penalty incurred <br />or any contract, right or duty established or accruing before the effective date of this <br />Charter. <br />The Carter of the Town of Ridgway 28 <br />