(A) The initial rates the grantee will charge its subscribers shall be on file in the office of the County Council as of the date of the granting of the franchise. Thereafter, these rates shall be changed when appropriate in accordance with the provisions of this section. The initial rates and any changed rates from time to time shall be filed with the County Council and shall be incorporated herein by reference as though fully set out in this chapter.
(B) Any rates established shall be reasonable, just and fair to the public, and no greater than the lowest rate of any other franchise granted to the grantee by any other governmental unit in the county, and shall provide to the grantee a return upon its investment reasonably sufficient to:
(1) Assure confidence in the grantee's financial soundness;
(2) Support its credit and attract necessary capital under efficient and economical management; and
(3) Provide a return to equity owners commensurate with current returns on investment in other enterprises having corresponding risks.
(C) No rate established shall afford any undue preference or advantage among subscribers, but separate rates may be established for separate classes of subscribers.
(Prior Code, § 92.22) (Ord. 966E, passed 2-22-1982; Ord. 1061A, passed 5-9-1989)