In making a determination as to whether to grant, deny or grant
subject to conditions an application for a transfer, the Town may
consider, without limitation, the legal, financial and technical qualifications
of the transferee to rate the system; any potential impact of the
transfer on subscriber rates or services; and whether operation by
the transferee or approval of the transfer would adversely affect
subscribers, the Town's interest under a franchise agreement,
this chapter or other applicable law; and is otherwise in the public
interest.
Any transfer without the Town's prior written approval
shall be ineffective and shall make the franchise subject to cancellation
at the Town's sole discretion and to any other remedies available
under this chapter, a franchise agreement or other applicable law.
Approval by the Town of a transfer does not constitute a waiver
or release of any of the rights of the Town under this chapter or
a franchise agreement, whether arising after the date of the transfer.