925.07 CABLE TELEVISION FRANCHISE.
   (a)   Compliance with Chapter Required. Except as provided in Section 925.01(h), all Cable Operators providing Cable Service within the Village shall comply with the registration, Use Permit and Construction Permit requirements of this Chapter.
   (b)   Cable Television Franchise Required. No Cable Operator shall provide Cable Service within the Village without first securing from the Village a nonexclusive franchise.
   (c)   Cable Television Franchise Expiration.
      (1)   In the event a franchise expires by its terms, the franchise shall be automatically renewed on a month-to-month basis until terminated by either party in accordance with law.
      (2)   At the expiration of the franchise or upon revocation of the franchise, the Village may, in lawful manner and upon the payment of fair market value, determined on the basis of the cable system as valued as a going concern exclusive of any value attributable to the franchise itself, lawfully obtain, purchase, condemn, acquire, takeover and hold the Cable System.
   (d)   Cable System Capacity. No Cable Operator shall build its system beyond the Capacity necessary to provide cable television or institutional network service without obtaining express permission from the Village and securing a Use Permit hereunder. The Village's permission shall not be unreasonably withheld.
(Ord. 2002-29. Passed 6-19-02.)