1. The name of the applicant;

2. The purpose and term, whether definite or indeterminate, for which the franchise shall be desired;

3. The amounts and/or percentages, if any, applicant, if granted the franchise, will pay to the city during the life of such franchise;

4. Any limitations as to time, place or type of services proposed by applicant; and

5. Any other terms or conditions that applicant may desire, including surrender of existing franchises, or parts thereof, or claims to such franchises, or proposals to settle any litigation or controversies between applicant and the city.