At least three months prior written notice to the city and the Minnesota Cable Communications Board shall be given by grantee prior to the abandonment of any cable communications service or any portion thereof. In the event of abandonment of any cable communications service or portion thereof the grantee shall compensate the city for damages resulting from such abandonment. The amount of damages resulting from abandonment due the city shall be determined solely by the city, and shall be recoverable from the letters of credit, bonds, insurance, indemnity and liquidated damage provisions of the franchise. An abandonment of any portion of the system as determined in the sole discretion of the city shall be a termination of the franchise.
('77 Code, § 11.103(16)) (Am. Ord. 982, passed 11-9-81)