(A) The Village Council, upon request of a franchisee or upon its own initiative, may establish revised rates for services. The following procedures are hereby adopted to provide for a method for the revising of rates:
(1) A franchisee shall file a petition with the Village Council, which petition shall contain full and detailed information concerning the rate revisions being requested and supporting financial documentation for such rate revision;
(2) The Village Council shall establish the date and time for public hearing on such rate revision request no less than 30 days from the date a written request is formally received by the Village Council in a regularly scheduled public meeting and shall render a decision on the request within 30 days following the public hearing;
(3) Notice of the public hearing shall be given in accordance with the provisions of § 113.139;
(4) The Village Council may, at its option, employ a consultant or consultants mutually acceptable to a franchisee to aid in the analysis of the requested rate revision. Costs of such consultants shall be borne by a franchisee;
(5) The village may renegotiate other provisions of the franchise at such times as rate revisions are requested by a franchisee;
(6) Nothing in this section shall be deemed to prevent the village on its own initiative from instituting proceedings to revise rates at the village's expense.
(B) In making its determination with regard to the setting or revision of rates, the Village Council may direct the Cablecasting Board to review and report on the following items:
(1) The rate request and its supporting financial documentation;
(2) Comparative rates in metropolitan Detroit and the United States;
(3) Performance ratings and subscriber complaints;
(4) System expansion and franchise fee payments;
(5) Comparable services in metropolitan Detroit and the United States; and
(6) Other items as it deems fit.
(Ord. passed - -)