Ordinance 2018-530 - Laserfiche WebLink

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bond in an amount specified in the franchise agreement or other authorization as necessary to ensure the franchisee's faithful performance of the construction, upgrade, rebuild or other work. construction, upgrade or other work in the streets in a safe, timely and competent manner in accordance with the provisions of the franchise agreement, there shall be recoverable, jointly and severally from the principal and surety of the bond, any damages or loss suffered by the City as a result, including the full amount of any compensation, indemnification er cast of removal or abandonment of any property of the franchisee, or the cost of completing or repairing the system against the security fund pursuant to § 113 12 hereof where such amount exceeds-that available under the security fund. C. The franchise agreement may specify that upon completion of the system construction, upgrade, the satisfaction of the City, the City may eliminate the bond or reduce its amount. However, the City may subsequently require an increase in the bond amount for any subsequent construction, upgrade, rebuild or other work in the streets. D. The construction bond shall be issued by a surety having a minimum rating of A 1 in Best's Key - z -- • . • shall provide that: "This bond may not be canceled, or allowed to lapse, until 60 days after receipt by the City, by certified mail, return receipt requested,of a written notice from the issuer of the bond of intent to cancel or not to renew." E. The rights reserved by the City with respect to any construction bond established pursuant to this agreement, or at law or equity. § 113-14. - Minimum facilities and services. Reserved. A. The following minimum requirements for facilities and services apply to all franchises granted by the City. The City may require in a franchise agreement that a franchisee exceed these minimum requirements where it determines,under circumstances existing at the time of the application,that the additional requirements are r-asonable to meet the City's future cable related needs and interests or to rebuild, upgrade or reconstruction after the effective date of this chapter shall have a minimum capacity of at least 750 MHZ providing no less than 78 video channels available for immediate use. A franchise agreement may provide for a larger minimum channel capacity requirement. (2)The City may require in a franchise agreement that a franchisee provide access channels, facilities (3)At the City's request, a franchisee shall provide cablecasting of City Commission meetings live to all subscribers located within the City. (1) A cable system shall provide 1-ased access channels as required by federal law. technically feasible, at least one additional outlet equipped for on line ac - . • ..• - - .