(A) The town may declare a forfeiture of a franchise and revoke the same in the event the company:
(1) Substantially violates any provisions of the franchise, where such violations remain uncured for a period of 30 days subsequent to receipt by the company of a written notice of such violation, except where such violation is not the fault of the company or is due to excusable neglect; or
(2) Practices any fraud or deceit upon the town.
(B) If such forfeiture shall be declared for alleged practices of fraud or deceit upon the town by the company, the town will give written notice to the company of the alleged fraudulent or deceitful practice. Before the franchise may be terminated and cancelled, however, under division (A)(2) above except for non-payment of monies due to the town from the company, the company shall be provided with an opportunity to be heard at a public hearing before the Council upon ten days’ written notice to the company on the time and place of the public hearing; provided that said notice shall affirmatively cite the reasons alleged to constitute a cause for revocation; and provided further that notice of said public hearing shall be published in a local newspaper of general circulation at least five days before the hearing.
(1991 Draft Code, § 4-104) (Ord. 2-1980, passed 3-24-1980)