4.20.132.4.1. The city shall have one hundred twenty (120) days from the date of submission of a completed FCC Form 394, together with all exhibits, and any additional information required by the terms of the ordinance codified in this title or the franchise agreement or applicable state or local law to act upon an application to sell, assign, or otherwise transfer controlling ownership of a cable system.
4.20.132.4.2. At any time during the review process, the city reserves the right to require additional supporting documentation from a franchisee or any other person involved in the action or proposed action to support the showing required of franchisee under this section. A franchisee shall provide all requested assistance to the city in connection with any such inquiry and, as appropriate, shall secure the cooperation and assistance of all other persons involved in such action.
4.20.132.4.3. If the city questions the accuracy of the information provided under the previous paragraph it must notify the cable operator within thirty (30) days of the filing of such information, or such information shall be deemed accepted, unless the cable service provider has failed to provide any additional information reasonably requested by the franchise authority within ten (10) days of such request.
4.20.132.4.5. A franchisee shall promptly notify the city of any action or proposed action requiring consent of the city pursuant to this section. A franchisee shall submit to the city an original petition, which includes the completed FCC Form 394, and four copies, unless otherwise directed, which petition shall fully describe the terms and conditions of the action or proposed action subject to this section and clearly state the basis on which the petition should be approved. The petition shall also contain all documentation to support the showings required of franchisee under this section.