(A) All initial applications received by the Town from any applicants for a franchise to be granted to provide cable service will become the property of the Town.
(B) The Town reserves the right to reject any and all initial applications and waive informalities and/or technicalities where the best interest of the Town may be served.
(C) Before submitting an initial application, each and every applicant must:
(1) Examine this chapter and any required application documents thoroughly;
(2) Familiarize itself with local conditions that may in any manner affect its performance under a franchise;
(3) Familiarize itself with federal, state and local laws, ordinances, rules and regulations affecting its performance under a franchise; and
(4) Carefully correlate its observations with the requirements of this chapter and any and all application documents.
(D) The Town may make such investigations as it deems necessary to determine the ability of the applicant to provide cable service and to fully perform under a franchise, and the applicant shall furnish to the Town all such information and data for this purpose as the Town may request. The Town reserves the right to reject any initial application if the evidence submitted by, or investigation of, such applicant fails to satisfy the Town that such applicant is properly qualified to carry out the obligations of this ordinance or a franchise or if the plans of the applicant for construction of this cable system and/or its operation fails to satisfy the Town that it is in the best interests of its citizens to grant a franchise to the applicant.
(`83 Code, § 13-544)