A. Discontinued Operations: A registrant who has determined to discontinue its operations in the City must either:
1. Provide information satisfactory to the Director that the registrant's obligations for its facilities in the right-of-way under this chapter have been lawfully assumed by another registrant.
2. Submit to the Director a proposal and instruments for transferring ownership of its facilities to the City. If a registrant proceeds under this clause, the City may, at its option:
a. Purchase the facilities; or
b. Require the registrant, at its own expense, to remove it; or
c. Require the registrant to post a bond in an amount sufficient to reimburse the City for reasonably anticipated costs to be incurred in removing the facilities.
B. Abandoned Facilities: Facilities of a registrant who fails to comply with subsection A of this section and which, for two (2) years, remains unused shall be deemed to be abandoned. Abandoned facilities are deemed to be a nuisance. The City may exercise any remedies or rights it has at law or in equity, including, but not limited to: 1) abating the nuisance; 2) taking possession of the facilities and restoring it to a usable condition; or 3) requiring removal of the facilities by the registrant or the registrant's successor in interest.
C. Removal: Any registrant who has unusable and abandoned facilities in any right-of-way shall remove it from that right- of-way during the next scheduled excavation, unless this requirement is waived by the Director. (Prior Code § 6-6-29)