(a) It shall be the right of all subscribers to continue receiving service insofar as their financial and other obligations to the Company are honored. In the event that the Company elects to overbuild, rebuild, modify, or sell the system, or the Village gives notice of intent to terminate or fails to renew this contract, the Company shall act so as to ensure that all subscribers receive continuous, uninterrupted service regardless of the circumstances.
In the event of a change of contractor, or in the event a new operator acquires the system, the Company shall cooperate with the Village, new contractor or operator in maintaining continuity of service to all subscribers. During such period, the Company shall be entitled to the revenues for any period during which it operates the system.
(b) In the event the Company fails to operate the system for five consecutive days without prior approval of the Village or without just cause, the Village may, at its option, operate the system or designate an operator until such time as the Company restores service under conditions acceptable to the Village or a permanent operator is selected. If the Village is required to fulfill this obligation for the Company, the Company shall reimburse the Village for all reasonable costs or damages in excess of revenues from the system received by the Village that are the result of the Company's failure to perform, provided, however, that such additional regulations shall be within the general police powers of the Village and shall not be construed as a unilateral grant to the Village to alter the time and conditions of the contract.
(Ord. 12-83. Passed 2-15-83.)