Section 562. Franchise Contract.
The municipal officers may contract on such terms of conditions, and impose such fees as are in the best interests of the city, including the granting of franchises for a period not to exceed fifteen (15) years, for the placing and maintenance of cable television systems within the territorial limits of the city.
(A) Information in the application for operating a cable television system, shall include, but not be limited to descriptions of the applicant, the applicant's corporate structure and individual interests in excess of any entity holding of 10%, audited financial statements, proforma operating statements, cable operating experience, proposed charges, maintenance and service programs, ability to introduce technical improvements, public access channels and such other information as may be reasonable and applicable to the city's consideration of a proposed franchise agreement.
(B) The city may charge a reasonable, non-refundable filing fee to defray the cost of public notices, advertising, legal and other expenses incurred in acting upon an application.
(C) In granting any cable television franchise, the agreement or contract shall provide:
(1) That the filing of a franchise application(s) and related documents are public records, with notice to the public by legal advertisement that such records are open to inspection during normal business hours; and
(2) That a proposed franchise agreement receive two (2) readings at regular city council meetings to allow for public comment on special local needs or interests and to allow for general public input before granting a franchise; and
(3) That reasonable fees may be assessed the cable franchise to defray the costs of legal, contractual advice and other expenses incurred in granting a franchise agreement; and
(4) That all applicable regulations of the Federal Communication Commission regarding cable television systems be referenced or included in the proposed franchise agreement; and
(5) That a provision for removal shall not exceed fifteen (15) years; and
(6) That the city may impose such reasonable franchise fees as are allowed by law and deemed in the best interests of the city; and
(7) That the area or areas to be served shall be identified; and
(8) That a policy governing line extensions shall be specified; and
(9) That procedures exist for investigating and resolving complaints against the cable television company; and
(10) That any other terms and conditions which are in the best interests of the city shall be adopted.
| 
