§ 10-4-102. Performance bond.
   (a)   Generally. At least 30 days before beginning operation, the franchisee shall file with the County a performance bond in the amount specified in the franchise agreement in favor of the County and any other person who may be entitled to damages as a result of any occurrence in the operation or termination of the cable system operated under the franchise agreement.
   (b)   Coverage. Among other matters, the bond shall cover:
      (1)   the payments required to be made to the County under this article and the franchise agreement;
      (2)   if applicable, the cost of removal of any facilities or equipment installed by the franchisee; and
      (3)   the compensation to which the owner of a multiple-dwelling unit is entitled pursuant to § 10-9-103.
   (c)   No limitation on liability. The amount of the bond is not a limitation on the liability of the franchisee for damages.
(Bill No. 54-06)