A. A cable grantee shall promptly notify the City of any proposed transfer, and submit an application for its approval at least one hundred twenty (120) calendar days in advance of the proposed and anticipated transfer date.
B. The City Manager may specify information that must be provided in connection with a transfer application. At a minimum, an application must: describe the persons involved in the transaction and the person that will hold the franchise; describe the chain of ownership before and after the proposed transaction; show that the person that will hold the franchise will be legally, financially, and technically qualified to do so; attach complete information on the proposed transaction, including the contracts or other documents that relate to the proposed transaction, and all documents, schedules, exhibits, or the like referred to therein; and attach any shareholder reports or filings with the Securities and Exchange Commission ("SEC") that discuss the transaction.
C. For the purposes of determining whether it shall consent to a transfer, the City or its agents may inquire into all qualifications of the prospective transferee and such other matters as the City may deem necessary to determine whether the transfer is in the public interest and should be approved, denied, or conditioned. If the transferee or grantee refuse to provide information, or provide incomplete information, the request for transfer may be denied.
D. Consideration of application.
1. In deciding whether a transfer application should be granted, denied or granted subject to conditions, the City may consider the legal, financial, and technical qualifications of the transferee to operate the cable system; whether the incumbent operator is in compliance with its franchise agreement and this Chapter and, if not, the proposed transferee's commitment to cure such noncompliance; whether the transferee owns or controls any other cable system in the City, and whether operation by the transferee may eliminate or reduce competition in the delivery of cable service in the City; and whether operation by the transferee or approval of the transfer would adversely affect subscribers, the public, or the City's interest under this Chapter, the franchise agreement, or other applicable law.
2. Requests for approval of a transfer will not be unreasonably denied.
3. No application shall be granted unless the transferee agrees in writing that it will abide by and accept all terms of this Chapter and the franchise agreement, and that it will assume the obligations, liabilities, and responsibility for all acts and omissions, known and unknown, of the previous grantee for all purposes. The proposed transferee shall pay all reasonable costs incurred by the City in reviewing and evaluating the applications.
(Ord. No. 2001-014 § 2; Ord. No. 2006-009 § 22 (part))