[Ord. 1375, 2/14/1977, § 4]
No franchise granted in this Part, nor any renewal thereof, shall be for a term of more than 15 years. The franchise, or any renewals thereof, shall be revocable at any time, as hereinafter provided, at the will of the Borough, expressed through resolution of the Borough Council. A renewal may be granted for a period not to exceed five years upon written request of the franchisee received by the Borough 12 months before the termination of the original lease. The renewal shall be automatic but shall be at the sole option of the Borough after the Borough has reviewed the franchisee's service over the past 15 years. The Borough shall, prior to granting any renewal thereof, first hold a public hearing on the said request.
[Ord. 1375, 2/14/1977, § 5]
In addition to all other rights and powers pertaining to the Borough by virtue of the franchise or this Part, the Borough may terminate and cancel the franchise and all rights and privileges of a franchisee thereunder in the event that the franchisee:
A. 
Substantially violates any provision of the franchise or this Part, or any rules, order or determination of the Borough of Pottstown Cable Communications Commission made pursuant thereto, where such violation shall remain uncured for a period of 30 days subsequent to receipt by the franchisee of written notice of said violation, except where such violation is not the fault of the franchisee or is due to excusable neglect.
B. 
Attempts to dispose of any of the facilities or property of its CATV business to prevent the Borough from purchasing same, as provided for herein.
C. 
Attempts to dispose of any of the facilities or property of its CATV business to prevent the Borough from purchasing same, as provided for in this Part. Any termination and cancellation shall be made by resolution of the Borough Council duly adopted after 60 days notice to the franchisee and shall, in no way, affect any of the Borough's rights under this franchise or any provision of law; provided, however, that before the franchise may be terminated and cancelled under this § 212, the franchisee shall be provided with an opportunity to be heard before the Borough Council, upon 30 days written notice to the franchisee of the time and place of the hearing; and provided further that the said notice shall affirmatively recite whether the revocation is at will, or for cause, and if for cause, the reasons alleged to constitute such cause shall be recited in the notice; and provided still further, however, that affording the franchisee the opportunity to be heard shall not be interpreted as an implication that cause need be shown by the Borough to support a revocation at its will, pursuant to the expressed requirements as to revocability of franchises contained in the Constitution of the Commonwealth of Pennsylvania.
D. 
The termination and forfeiture of any franchise issued under this Part shall, in no way, affect the rights of the Borough under the franchise or any provision of the law.
E. 
In the event of any holding over after expiration or termination of any franchise granted hereunder, without the prior consent of the Borough, expressed by resolution, the franchisee shall pay to the Borough reasonable compensation and damages, of not more than 100% of its net operating revenue during the said period. Further, the franchisee is encouraged to negotiate with any successor for any possible recovery he may obtain.
F. 
The franchisee shall be required to provide continuous service to all subscribers in return for payment of the established fee. If the franchisee overbills, rebills, modifies or sells the system, or the Borough revokes or fails to renew this franchise, or the Borough elects to purchase the system, the franchisee will be required, as part of the franchise, to continue to operate the system until an orderly change of operation is effectuated. In the event the franchisee fails to operate the system for five consecutive days without prior approval of the Borough Council, the Borough or its agent shall operate the system until such time that a new operator is selected. If the Borough is required to fulfill this obligation for the franchisee, the franchisee shall reimburse the Borough for any costs or damages that are the result of the franchisee's failure to perform.
G. 
In the event the Borough revokes the permit issued pursuant to the appropriate provisions of this Part, the Borough shall have the right to purchase the cable communications system at a price not to exceed its then book value (that is, original cost of property less accumulated depreciation). The book value shall be determined by the Borough in accordance with generally accepted appraisals and accounting principles. Under no circumstances shall any valuation be made for "goodwill" or any right or privilege granted by the permit issued pursuant to this Part. Should a dispute arise over the determination of the fair value of the system, the dispute shall be resolved by arbitration as provided in the franchise agreement.