(A) The permittee may surrender its permit at any time, in which event it shall refund to subscribers all prepaid and unearned service and other charges collected from subscribers.
(B) The Commission may terminate the permit or any permittee who shall default in any of its obligations hereunder, except for causes beyond the reasonable control of the permittee, provided that the permittee shall be given 60 days written notice to correct any such default or noncompliance before the Commission may proceed to terminate the permit under this section.
(C) The permittee shall be entitled to a hearing before the Commission to determine the propriety of termination of the permit by it pursuant to this section, and the decision of the Commission shall be final. Notwithstanding the provisions hereinbefore made, the Commission may terminate the permit of any permittee in accordance with the franchise requirements of the Constitution and statutes of the state.
(D) Upon termination of its permit, the permittee shall at its own expense remove from the city streets all its facilities and equipment therein utilized by it in its CATV operation, unless the Commission shall specifically authorize it to leave all or part of such facilities and equipment in place.
(Prior Code, § 2.168)