A.
Within 60 days after acceptance of any franchise, the grantee shall proceed with due diligence to obtain all necessary permits and authorizations which are required in the conduct of its business, including but not limited to any utility joint use attachment agreements, microwave carrier licenses, and any other permits, licenses and authorizations by regulatory agencies having jurisdiction over the operation of cable systems, or their associated facilities.
B.
In the event that the City permits overhead cable installation, within 150 days after obtaining the necessary pole agreements, the grantee shall commence construction and installation of the cable system. In the event that underground cables are required, within 150 days after obtaining permits for such installation in the public right-of-way, the grantee shall commence construction and installation of the cable system.
C.
Within 120 days after the commencement of construction and installation of the system, the grantee shall proceed to render service to subscribers, and the completion of the construction and installation shall be pursued with reasonable diligence thereafter.
D.
Failure on the part of the grantee to commence and diligently pursue each of the foregoing requirements shall be grounds for termination of a franchise. The City Council may, in its discretion, extend the time for the commencement and completion of construction and installation in the event the City Council determines that grantee, acting in good faith, experiences delays by reason of circumstances beyond its control.
E.
By acceptance of a franchise, grantee agrees that failure to comply with any time requirements referred to in subsections A, B, C and D of this section will result in damage to the City, and that it is and will be impracticable to determine the actual amount of such damage in the event of delay. The grantee therefore agrees that, in addition to any other damage suffered by the City, it will pay to the City the sum of $250.00 per day for each and every day's delay beyond the time prescribed, plus authorized-extensions thereof, for completion of any of the acts required to be done by this section.
F.
Grantors shall complete installation of the cable system within three years after granting of the franchise.
G.
The grantee shall schedule its construction activities to coordinate with the City's construction activities on the streets, so as to avoid unnecessary inconvenience to the public.
H.
A franchise issued by the City may require faster construction than established above if deemed prudent by the City.
I.
The City may, at its sole option, reduce the duration of the franchise on a month-for-month basis for each month delay in system construction within the grantee's control.
(Prior code 6810; Ord. 32-79; Ord. 23-95)