It is and shall hereafter be required that any individual corporation or other entity desiring to operate any cable television system for any facilities therefor within the boundaries of the town, first obtain a franchise to do so upon the granting thereof by the Board of Aldermen, to it (them) upon reasonable terms consistent with the rules and regulations of the Federal Communications Commission.
(Ord. passed 3-5-1980) Penalty, see § 111.99