§ 10-29. Right to purchase.  


Latest version.
  • Upon termination, revocation, non-renewal or surrender of any franchise, or should any grantee wish to otherwise dispose of any portion of the cable system or facilities within the city, the city retains the first rights and option to purchase the cable system or facilities, or any such portion of the cable system or facilities, or any or all of the cable system and facilities, on the terms set forth in the franchise agreement. The city shall be under no obligation to purchase all or any part of the system or facilities.

(Ord. No. 80-512, § 1, 6-24-97)