The franchisee operating under this chapter shall not be permitted to sell, lease, sublease, transfer, or otherwise change working control of the franchise herein granted without prior written consent of the City of Schuyler; and no sale or transfer thereof shall be effective until the vendee, assignee, or lessee files in the office of the City Clerk an instrument duly executed reciting the facts of the sale assignment or lease accepting the terms of the franchise and agreeing to perform all of the conditions thereof. For the purpose of determining whether it shall consent to the change, transfer, or acquisition of control, the City Council may inquire into the prospective controlling party, and the franchisee shall assist the City Council in any such inquiry. If the City Council does not schedule a hearing on the matter within 60 days after notice of the change or proposed change and the filing of a petition requesting its consent, the city shall be deemed to have consented. In the event that the City Council adopts a resolution denying its consent, and the change, transfer, or acquisition of control has been effected, the City Council may terminate the franchise. The consent or approval of the City Council to any assignment, lease, transfer, sublease, or mortgage of the franchise granted to the franchisee shall not constitute a waiver or release of the rights of the city in and to the streets. In the absence of extraordinary circumstances, the City Council will not approve the assignment of the franchise by the franchisee prior to completion on construction of the CATV system.
(1972 Code, § 10-709) (Ord. 638, passed 4-15-1980)