(A) If the city chooses to toll the period to review current rates, the current rates will remain in effect subject to refund. In like manner, if the city chooses to toll the period to review a proposed rate increase, it may permit the proposed rate increase to go into effect subject to refund if ordered by the City Council.
(B) If the city has taken no action at the end of the additional 90 or 150 days, the proposed rate increase shall go into effect subject to refund. In all cases, the city shall issue a brief written order in accordance with 47 C.F.R. § 76.933, that the operator keep an accurate account of all amounts received by reason of the rate of issue and on whose behalf such amounts are paid. Refunds shall be paid to the full extent allowed by law.
(Prior Code, § 119.09) (Ord. 18, passed 5-9-1994)