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88-59 EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
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88-59 EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
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8/25/2016 1:13:45 PM
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Resolution/Ordinance
Res Ord Num
88-59
Res Ord Title
EXTENDING THE PRIVILEGE TO CONSTRUCT, OPERATE AND MAINTAIN A CABLE TELEVISION SYSTEM WITHIN THE CITY UACC MIDWEST, INC.
Approved Date
8/1/1988
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�. � , <br /> . . � . <br /> � . . . ,' . <br /> � ' �� bond, the Company shall remain liable to the City for the difference <br /> between said actual cost and the amount of the bond. <br /> Section 32 . If the Company shall substantially fail to comply <br /> with any of the material provisions of this Ordinance, or default in <br /> any of its material obligations hereunder, except for causes beyond <br /> the reasonable control of the Company, and shall fail within thirty <br /> (30) days after written notice from the City of Decatur to commence, <br /> and within a reasonable time, to complete the correction of such <br /> default or noncompliance the City of Decatur shall have the right to <br /> revoke this ordinance and all rights of the Company hereunder, or <br /> should the Company be adjudged bankrupt or placed in receivership, <br /> the City may declare the special rights herein granted forfeited and <br /> terminated. Such revocation shall be implemented by ordinance but <br /> only after a full and complete inquiry into the facts is completed <br /> and made public and a public hearing affording the Company due <br /> process has been completed. <br /> Section 33 . That this Ordinance and the right, privilege, <br /> permission and authority hereby granted shall take effect and be in <br /> force from the first day of , 1988, and shall <br /> continue in force and effect for a term of fifteen (15) years <br /> thereafter, provided the Company shall before said date file with <br /> the City Clerk its unconditional acceptance subject to federal, <br /> state and local law of the terms hereof in writing duly executed by <br /> an officer of the Company and accompanied by sufficient evidence of <br /> the authority of said officer of the Company to so accept the terms <br /> -20- <br />
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