The franchisee shall not be required to remove existing overhead facilities and place them underground without full compensation for the costs for such activities. Compensation shall include, but not be limited to, the remaining depreciated value of the existing facilities to be removed, removal costs of existing facilities, installation of the new underground facilities and the reconnection costs for existing customers. The franchisee is not responsible for the conversion of the customer's panels from overhead service to underground service. Where the facilities have deteriorated and are scheduled to be replaced by the franchisee, the franchisee shall participate in the costs for installing the facilities underground in a dollar amount equal to that which the franchisee would have incurred to replace them as overhead facilities. (Ord. 176A § 9, 2002)
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