(a) A franchise authority may be granted to a Grantee to construct, operate and maintain a cable television system within the streets of the City for a period of not less than ten years subject to the conditions and restrictions of a franchise agreement as hereinafter provided as long as the conditions and restrictions are not inconsistent with The Act.
(b) At the expiration of a franchise, the City shall have the right to renew or reject any application for franchise extension as called for in The Act. In the event a franchise is extended, it shall be extended for a period of not less than ten years and not more than twenty-five years.
(Ord. 58-1989. Passed 5-1-89.)