It shall be the right of all subscribers to continue receiving cable service insofar as their financial and other obligations to a franchisee are honored, and the city may require continuous service to the subscribers in accordance with the terms of the franchise agreement throughout the entire period thereof. In the event that a franchisee elects to rebuild, modify or sell the cable system, or the city gives notice of intent to terminate or fails to renew a franchise, a franchisee shall provide continuous service to all subscribers. In the event of a change of franchisee’s, or in the event a new franchisee acquires the cable system, the former franchisee shall cooperate with the city, new franchisee or operator in maintaining continuity of cable service to all subscribers. During such period, a franchisee shall be entitled to the revenues for any period during which it operates the cable system, less any amount owed to the city under, or as may be required by, the franchise agreement. (Ord. 205 § 3, 2001)