(A)   Any franchise granted shall be nonexclusive. The Village may grant any number of franchises subject to applicable Federal and State law. Village may limit the number of franchises granted, based upon, but not necessarily limited to, the requirements of applicable law and specific local considerations such as:
      1.   The capacity of the public ways to accommodate multiple cables in addition to the cables, conduits and pipes of the utility systems, such as electrical power, telephone, gas and sewerage.
      2.   The disadvantages that may result from cable system competition, such as the requirement for multiple pedestals on residents' property, and the disruption arising from numerous excavations of the rights-of-way.
   (B)   In the event the Village grants an additional franchise to use and occupy the public ways for the purpose of operating a cable system, said additional franchise should only be granted under the same terms and conditions as those imposed on the company previously granted a franchise pursuant to this chapter. Notwithstanding the foregoing, in order to avoid the Village's receipt of redundant or outdated equipment, to the extent that the company previously granted such a franchise has provided specific equipment in satisfaction of its obligation to support public, educational or governmental programming, the Village may require the subsequent franchisee to provide alternative equipment, providing that the total financial commitment for said equipment is equal to that provided by the previously granted franchise. (Ord. 00-O-12, 5-8-2000)