(A) The grantee shall use its best efforts to ensure that all subscribers receive continuous, uninterrupted service, insofar as their financial and other obligations to the grantee are honored.
(B) In the event that the grantee elects to rebuild, modify, or sell the system, or the town gives notice of intent to terminate or fails to renew the grantee’s franchise, the grantee shall cooperate with the town or new grantee or operator in maintaining continuity of service to all subscribers. During the period, the grantee shall be entitled to the revenues for any period during which it operates the system and shall be entitled to reasonable costs when it no longer operates the system.
(C) In the event the grantee fails to operate the system for seven consecutive days without prior approval of the town or without just cause, the town may, at its option, operate the system or designate an operator until the time as the grantee restores service under conditions acceptable to the town or a permanent successor is selected. If the town is required to fulfill this obligation for the grantee, the grantee shall reimburse the town for all reasonable costs or damages in excess of revenues from the system received by the town that are the result of the grantee’s failure to perform.
(Ord. passed 10-13-1998)