The grantor reserves the right, at its discretion, from time to time, to determine if the entity described in § 115.052 is performing its purposes in a manner satisfactory to the grantor, and if it is not, the grantor may receive and reallocate all or a portion of the channel capacity, operations appropriation, and capital appropriation, including any facilities and equipment purchased previously with such appropriation, to another entity. A new entity shall be required to comply in all respects with the legal responsibilities described in § 115.052.
(Prior Code, § 115.043) (Ord. D-1485, § 5.4, passed 6-3-1985, effective 6-13-1985)