(A) Three-year reviews. On or about the third, sixth, ninth and twelfth anniversaries of the effective date of the franchise grant, Council shall schedule and hold a special public meeting with the grantee to review the performance by the grantee under the franchise, including future plans of the grantee regarding operation and performance. In particular, the city may inquire whether the grantee is supplying a level and variety of services equivalent to those being generally offered at that time in the industry in comparable market situations. At the meeting, Council may consider whether the rates of the grantee should be regulated. The grantee shall make available to the city, if required by the city, records, documents and information which are relevant to the meeting and inquiry.
(B) Modifications necessitated by FCC regulations. Any changes in the franchise agreement necessitated by modifications in the FCC’s regulations shall be incorporated into the franchise agreement within the time limit provided for in the rules and regulations of the FCC then in force and effect.
(C) Franchise Renewal. At least six months prior to the expiration of a franchise, the city shall schedule and hold a public meeting with the grantee to review and discuss the performance of the grantee under the franchise. The grantee shall make available, if requested by the city, records, information and documents which are relevant to the meeting and inquiry. The city shall thereupon reissue a franchise to the grantee for another term unless Council determines that there is a compelling reason not to reissue the franchise.
(2000 Code, § 5.12.330)