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FINAL ORDINANCE NO. 81-24
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FINAL ORDINANCE NO. 81-24
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V <br />considered, within which to file an appeal. During the thirty (30) day period and until the <br />appeal is decided, the Franchise shall remain in full force and effect, unless the term of the <br />Franchise ends sooner. <br />9.03 Removal of System. Upon termination, forfeiture or expiration of the Franchise, <br />if not renewed, Company shall remove its cables, wires and appliances from the Streets and <br />other public and private property within Grantor, if Grantor so requests, and Grantor shall <br />follow procedures set forth in the Franchise Agreement in the event Company fails to <br />remove its cable, wires and appliances from the Streets and other public and private <br />property within Member Municipalities. <br />9.04 Purchase. When System or the Franchise is offered for sale or at the <br />termination of the Franchise, Grantor shall have the right to purchase System in the manner <br />set forth in the Franchise Agreement. <br />9.05 Abandonment. Company may not abandon any cable communications service <br />or any portion thereof without having given three (3) months prior written notice to Granfor <br />and Board. Further, Company may not abandon any cable communications service or any <br />portion thereof without compensating Grantor for damages resulting from the abandonment. <br />The amount of damages resulting from abandonment shall be determined by Grantor. <br />9.06 Damase Due to Abandonment or Other Non -Performance. In the event <br />Company abandons System for any reason or if Company files or has filed against it a <br />petition in bankruptcy, a petition for the appointment of a receiver for all or part of its <br />assets, or a levy of execution against all or part of its assets or makes an assignment for the <br />benefit of its creditors, then any credit on future franchise fees- Company may then be <br />17 <br />
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