The award of a new or renewal franchise to an applicant shall be based upon the information contained in the applicant's proposal and such other relevant information as may be obtained by the Village regarding such applicant and the proposal. Such award shall be based upon the criteria specified by law and, to the extent lawful, such other factors as the Village may deem relevant including the criteria set forth below.
(a) The experience of the applicant in the cable communications field and the credentials of its owners and managers;
(b) The applicant's financial resources, including both present financial condition and the availability of committed funding to finance the applicant's proposed system; and the specificity and credibility of the applicant's projections of the revenue and expenses attributable to the construction and operation of the system;
(c) The applicant's system design, including channel capacity and ability to provide a broad range of services in conformity with the highest quality standards of the cable industry;
(d) The applicant's schedule of rates and the length of time the applicant is committed to maintain such rates;
(e) The applicant's response to specific local concern or needs, whether formulated by the Village and made known to applicant or whether ascertained by the applicant.
(Ord. 141. Passed 2-12-03.)