115.12 PROCEDURES ON TERMINATION.
   1.   Disposition of Facilities. Subject to Federal, State and local laws, in the event a franchise expires, is revoked, or otherwise terminated, the City may order the removal of the above-ground system facilities from the franchise area within a reasonable period of time as determined by the City or require the original grantee to maintain and operate its cable system for a period not to exceed 24 months as indicated in subsection 4 of this section.
   2.   Restoration of Property. In removing its plant, structures, and equipment, the grantee shall refill, at its own expense, any excavation that shall be made by it and shall leave all public ways and places in as good condition as that prevailing prior to the grantee’s removal of its plant, structures, and equipment without affecting the electrical or telephone cable wires, or attachments. The grantee’s insurance, indemnity obligations, performance bonds and security funds required by this chapter and by the franchise agreement shall continue in full force and effect during the period of removal and until full compliance by the grantee with the terms and conditions of this section.
   3.   Restoration by City; Reimbursement of Costs. In the event of a failure by the grantee to complete any work required by subsection 1 of this section and/or subsection 2 of this section, or any other work required by City by law or ordinance, within 30 days after receipt of written notice, and to the satisfaction of the City, the City may cause such work to be done and the grantee shall reimburse the City the cost thereof within 30 days after receipt of an itemized list of such costs or the City may recover such costs through the security fund or bonds provided by grantee. The City shall be permitted to seek legal and equitable relief to enforce the provisions of this section.
   4.   Extended Operation. Subject to Federal, State and local law, upon either the expiration or revocation of a franchise, the City may require the grantee to continue to operate the cable system for a defined period of time not to exceed 24 months from the date of such expiration or revocation. The grantee shall, as trustee for its successor in interest, continue to operate the cable communications system under the terms and conditions of this chapter and the franchise agreement and to provide the regular cable service and any of the other services that may be provided at that time.
   5.   City’s Rights Not Affected. The termination and forfeiture of any franchise shall in no way affect any of the rights of the City under any provision of law.