(A) Basic rates. Subject to division (B) of this section, the grantee's monthly charge for the transmission of basic service shall be in the amount specified in the franchise agreement. Charges for all other services shall be determined by the grantee.
(B) Annual rate adjustments. The grantee may make annual adjustments to its monthly charge for the transmission of basic service pursuant to the rate adjustment formula contained in the franchise agreement. If the grantee desires to impose a rate adjustment in excess of that authorized by the franchise agreement, the grantee shall submit to the Council an application to do so.
('66 Code, § 5-5.08) (Ord. 590-C-S, passed 9-11-84)