(A) If the City Council is unable to determine whether the rates in issue are within the FCC's reasonable rate standard based on the material before it, or if the cable operator submits a cost-of-service showing, the City Council shall, within 30 days from the date the cable operator filed its basic cable rates with the city and by adoption of a formal resolution, invoke the following additional periods of time, as applicable, to make a final determination:
(1) Ninety days if the City Council needs more time to ensure that a rate is within the FCC's reasonable rate standard; or
(2) One-hundred and fifty days if the cable operator has submitted a cost-of-service showing seeking to justify a rate above the applicable benchmark.
(B) If the City Council had not made a decision within the 90- or 150-day period, the City Council shall issue a brief written order at the end of the period requesting a cable operator to keep an accurate account of all amounts received by reason of the proposed rate and on whose behalf the amounts are paid.
(Ord. 16-1994, passed 3-2-94)