In the event a franchisee fails to operate its cable television system for seven consecutive days without prior approval by the board of directors of the cable television commission and for reasons which are not beyond its control, the commission through its officers, agents, employees or contractors may, at its option, enter upon the premises of the franchisee, occupy such premises and property constituting the cable television system, and operate the system until such time as the franchisee presents proof satisfactory to the board of directors that it is ready, willing and able to renew operation of the system. In operating the system, the commission or its contractor shall be vested with the powers of a receiver, and shall be authorized to contract in the name of the franchisee, incur expenses in the name of the franchisee, and take any and all other actions necessary to enable it to effectuate the purposes of this section. The costs incurred by the commission in undertaking such operation shall be a charge against the assets of the franchisee, and the commission or its contractor shall be authorized to reimburse itself for the costs incurred from revenues received during the period of operation. (Prior code § 20.10.828)