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• <br />• <br />Ordinance No. 07-83 <br />Page Five <br />There shall be no charge for disconnection of any installation or <br />outlet. Section 3 also details Group W's right to disconnect for <br />failure to pay the monthly subscriber fees. <br />SECTION 4. FRANCHISE FEES, RATES, CHARGES, CHANGES, IN FEE AND PROCEDURE <br />Throughout the term of the franchise, Group W shall pay to City an <br />annual fee of 5% of all gross revenues. The rates provided in the <br />franchise shall be guaranteed for 3 years after the franchise is <br />certified by the Board or until two years after completion of con- <br />struction in the initial service area, whichever is longer. Basic <br />rates shall regulated pursuant totbe-terms and conditions of the <br />franchise. Rates for premium services may be raised by Group W to the <br />extent of the increase in the Consumer Price Index. Any increase in <br />rates in excess of the Consumer Price Index must be justified to City <br />pursuant to standards and procedures provided for in Section 4. The <br />City retains the right to review the performance and technological <br />upgrading of the System. Group W shall exercise its best efforts to <br />maintain a modern, state-of-the-art System which is comparable to <br />other operating cable television systems similarly situated. <br />SECTION 5. FRANCHISE RENEWAL <br />The franchise may be renewed at any time for a period of up to fifteen <br />years or on a year to year basis at the discretion of the City. <br />ARTICLE VII. (Reserved). <br />ARTICLE VIII. INDEMNIFICATION, INSURANCE, LETTER OF <br />CREDIT AND BOND. <br />SECTION 1. GENERAL <br />The City retains all rights of indemnification, insurance, letter of <br />credit or bond as provided in the franchise. <br />SECTION 2. INDEMNIFICATION AND INSURANCE <br />Group W shall fully indemnify, defend and hold harmless, City and all <br />of its officers, officials, agents, and employees from liability and <br />judgements for damages in connection with: Damage to persons or pro- <br />perty, any claim arising out of the franchise, Groups W•s failure to <br />comply with previsions of the franchise, or any claim Group W may have <br />against City. <br />SECTION 3. INSURANCE. <br />Group W shall maintain liability insurance for the entire term of the <br />franchise for amounts as specified in the franchise and pursuant to <br />the minimum requirements of this section. <br />SECTION 4. LETTER OF CREDIT <br />