The City may not regulate the rates for the provision of cable service and other services, including but not limited to ancillary charges relating thereto, except as expressly provided herein and except as authorized pursuant to Federal and State law including but not limited to the Cable Act and FCC Rules and Regulations relating thereto. It is expressly provided that the City may enact an ordinance for the regulation of rates charged by cable television operators for the basic cable programming service tier and related equipment, as expressly authorized by the Cable Act and FCC rules and regulations passed pursuant thereto. All rates and charges for the provision of cable service and other services by Grantee shall at all times be regulated consistent with then current Federal, State and local law.