§ 123.394 GRANTEE TO RETAIN OWNERSHIP OF CABLE SYSTEM UPON TERMINATION OF FRANCHISE.
   Notwithstanding anything to the contrary of this section, upon termination of a franchise, a grantee or its successors and assigns shall retain ownership of the cable system and shall be entitled at its option and expense to remove the cable system from all rights-of- way, private property or to abandon the cable system. Should a grantee elect to remove the cable system, it is obligated to restore all property to its prior condition. If a grantee fails to restore the property satisfactorily, the city may complete the work and a grantee shall reimburse the city within 90 days of receipt of an itemized bill for the work.
(1992 Code, § 44-96) (Ord. 104-09, passed 11-16-2009)