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262 <br /> <br /> (A) Failure by the Company to present to the Board of Commis- <br /> sioners of Cabarrus County within 90 days following the <br /> issuance of the FCC Certificate, the binding commitment of <br /> a lending institution or financing company to make available <br /> necessary financing for the construction of the Cable Tele- <br /> vision System, in a sum of not less than $2,000,000.00. <br /> (B) Failure by the Company to submit to the Federal Communication <br /> Commission (FCC) a full and proper request for the <br /> necessary sanctions, permits and approvals to construct <br /> and operate the cable television system within 120 days of <br /> the acceptance date hereof. <br /> (C)Failure by the Company to apply for a pole use agreement <br /> from the necessary parties for usage of poles necessary <br /> to the operation of the cable television system within four <br /> months of the effective date hereof. <br /> (D) Failure by the Company for any reason to submit to the <br /> Board of Commissioners of Cabarrus County for its ap- <br /> proval a plan for local origination broadcasting within <br /> two years of a certification by the FCC or before 1400 <br /> subscribers are connected to the system; whichever first <br /> <br /> Occurs. <br /> (E) Failure by the Company to present to the Board of <br /> Commissioners for its approval a map of the County <br /> showing the areas to be served by the cable system <br /> before any construction may begin. <br /> Section 6. It shall be unlawful to operate a cable television system <br />in Cabarrus County without a franchise to do so duly granted by the Board of <br />Commissioners of Cabarrus County. <br /> Section 7. This Ordinance shall not be valid unless it is accepted <br />by the Company within thirty days of its effective date, which acceptance shall <br />be in writing in such form and executed in such manner as to be a valid and <br />legally binding acceptance. <br /> Section 8. The acceptance of this franchise ordinance by the <br />Company shall constitute representations and covenants by it that: <br /> (A) It accepts and agrees to all of the provisions of this <br /> Ordinance and those instruments incorporated herein <br /> by reference; <br /> (B) It has examined all of the provisions of this and the <br /> CATV Ordinance and waives any claims that any pro- <br /> visions hereof are unreasonable, arbitrary or void. <br /> (C) It recognizes the right of the County to make reasonable <br /> amendments to the franchise ordinance or franchise <br /> agreement during the term of the franchise, provided, <br /> that no such change shall compromise the franchisee's <br /> ability to perform satisfactorily its obligations or rights <br /> under this ordinance or the franchise agreement. It <br /> further recognizes and agrees that the County shall in <br /> no way be bound to renew the franchise at the end of <br /> franchise term; <br /> (D) It acknowledges that its rights hereunder are subject <br /> to the police power of the County to adopt and enforce <br /> general ordinances necessary to the safety and welfare <br /> of the public; and it agrees to comply with all applicable <br /> general laws enacted by the County pursuant to such power; <br /> (E) In addition to the standards of construction, maintenance <br /> and operation set forth in the CATV Ordinance and in its <br /> Proposal, it will meet the standards of the CATV Industry <br /> related to signal quality and technical standards of <br /> construction, operation and maintenance of the system <br /> and the state of the art of the industry; <br /> (F) With reference to the provisions of Section 2.8 of the <br /> CATV Ordinance, it will make single installations of <br /> its standard community service facilities in accordance <br /> with the terms of said section at such additional County- <br /> owned facilities as may from time to time be designated <br /> by the County Manager. <br /> <br /> <br />