(A) Approval of a rate increase for a person or entity furnishing community antenna television service shall be required and shall be made by the Council which granted the franchise to the person or entity. The approval shall be made by ordinance or resolution.
(B) Prior to voting on a rate increase the Council shall hold at lease two public meetings at which the ratepayers and the franchisee may comment on the programming content and rates of the franchisee. At least 30 days prior to the first meeting held to examine programming content and rates, each ratepayer or subscriber shall be notified by a billing statement or other written notice when and where the public meeting shall be held. The notice shall also provide information as to what rates are proposed by the franchisee for consideration by the Council; provided that, this section shall apply only to franchises granted or renewed after 5-23-1979.
(Prior Code, § 10-504)