1. The City may utilize a portion of the cable communication system capacity, and associated facilities and resources, to develop and provide cable services that will be in the public interest. In furtherance of this purpose, the City may authorize the North Liberty Telecommunications Commission to establish a nonprofit corporation or other entity to receive and allocate PEG and institutional network facilities, support funds, and other considerations provided by the City, the grantee, and/or others. Such an entity, if established, may be delegated the following responsibilities:
A. Receive and utilize or reallocate for utilization, channel capacity, facilities, funding, and other support provided specifically for PEG and institutional network usage of the cable communications system.
B. Establish, in consultation with the grantee, operational procedures and guidelines for PEG and institutional network usage.
C. Review the status and progress of each service developed for public benefit.
D. Reallocate resources jointly with the grantee on a periodic basis to conform to changing priorities and public needs.
E. Report to the City and the grantee annually on the utilization of resources, the new public services developed, and the benefits achieved for the City and its residents.
2. The grantee shall make available leased access in compliance with Section 532 of the Act and applicable FCC regulations.