The selection of a grantee shall be determined by the council in accordance with the following criteria:
A. Installation Plan: The council shall find that grantee's installation and/or rebuild plans provide flexibility needed to adjust to new developments, maintenance practices, and services that would be available to subscribers and to the city immediately and in the future.
B. Financial Soundness And Capability: The evidence of grantee's financial ability to complete the entire system within a minimum of two (2) years of the date the franchise agreement is executed.
C. Demonstrated Experience In Operating A BTN System Under City Franchise: Evidence of grantee's experience in operating a BTN and ability of the grantee to furnish sufficient and dependable service to public and private users shall be determined.
D. Character, Legal, Technical And Other Qualifications: The evidence of character, legal, technical and other qualifications of grantee required by state and local law to construct a BTN in the city and to extend the same as the state of the art progresses shall be determined.
E. Renewals: Renewals for any existing grantee shall be governed by applicable federal law. (Ord. 761 §3, 1995)