To accept a franchise granted under this chapter, a grantee must file any required bonds, funds, and proof of insurance, as well as written notice of acceptance with the City Clerk within 60 days of the effective date of the franchise agreement. Such written notice shall include a certification that the grantee:
1. Will comply with this chapter, any franchise agreements made pursuant to this chapter, and all applicable City, County, State and Federal regulations in regard to the construction, operation, and maintenance of a cable system;
2. Accepts the franchise relying on its own investigation and understanding of the power and authority of the City to grant the franchise and the terms and conditions thereof;
3. Acknowledges that it has not been induced to enter into the franchise by any understanding or promise or by other statement, whether written or verbal, by or on behalf of the City or by any other third person concerning any term or condition of the franchise or chapter not expressed herein;
4. Shall have no recourse whatsoever against the City for any loss, cost, expense or damage by reason of the City’s failure to have authority to grant any or all parts of the franchise, and will not at any time claim in any proceeding involving the City that any agreed upon term or condition of this chapter or the franchise is unreasonable or arbitrary, or that the City had no power or authority to grant or make any such term or condition. The grantee shall accept the validity of the terms and conditions of this chapter or the franchise in their entirety, except where such term or condition is irreconcilable with any Federal or State law or FCC rules and regulations.
5. Agrees that, in the event of any conflict between the chapter and the franchise agreement, the terms of the chapter shall prevail.
A grantee of a franchise granted or transferred under this chapter will pay for the actual printing cost and publication cost incurred in granting the franchise, not to exceed $5,000.00.