2424 ORD GRANTING MIDWEST VIDEO CORPORATION A RENEWAL OF FRANCHISE TO USE PUBLIC STREETS AND ALLEYS OF COP

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ORDINANCE NO. 2424 AN ORDINANCE GRANTING TO MIDWEST VIDEO CORPORATION A RENEWAL OF ITS FRANCHISE TO USE THE PUBLIC STREETS AND ALLEYS OF THE CITY OF PARIS, TEXAS, FOR THE PURPOSE OF RECEIVING, AMPLIFYING AND DISTRIBUTING TELEVISION SIG- NALS, AND PROVIDING FOR THE REGULATION OF THE BUSINESS AND PROVIDING FOR PAYMENT FOR THE USE OF THE STREETS, ESTABLISHING AN EFFECTIVE DATE AND CONTAINING OTHER MATERIAL PROVISIONS AS SET FORTH BELOW. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS: Section 1. Having faithfully adhered to and performed its obligations under Ordinance No. 1355 in accordance with its terms, there is hereby granted to Midwest Video Corporation, hereinafter called grantee, the right, privilege and franchise for a period of twenty -five (25) years from the effective date of this ordinance to construct, maintain and operate in the present and future streets, alleys and public places of the City of Paris, Texas, towers, poles, lines, cables, necessary wiring and other apparatus for the purpose of receiving, amplifying and distributing television signals to said City and the inhabitants thereof, it being specifically understood and provided that this franchise shall not be transferred, or assigned or sub-let by grantee without the consent of the Governing Body of the City of Paris. Section 2. That poles or towers shall be so erected as not to interfere unreasonably with traffic over streets and alleys. The lo- cation of all poles, towers or other obstructions shall be fixed under the supervision of the City of Paris, giving consideration to the reasonable operation of the same. Section 3. That the service furnished and provided hereunder to said City and its inhabitants shall be first class in all respects, considering all circumstances, and shall be subject to such reason- able rules and regulations as grantee may make from time to time. The grantee may require reasonable security for the payment of its bills and accounts by and from those who contract for services to be rendered under this franchise. Section 4. The City of Paris shall have the right to fix the rates to be charge d by the grantee herein by ordinance, after notice to the grantee and hearing, provided, however, that the rates so fixed shall be such as to provide the public with adequate service at a reasonable price, and to provide the grantee with a fair return upon the fair value of the property used or useful in rendering its service to the public. Nothing contained herein shall prevent the City of Paris and the grantee from reaching an agreement with ref - erence to its rates. In the event an ordinance is passed fixing rates for the grantee, then such rates shall be subject to review from time to time by the City of Paris on its own motion or on mo- tion of the grantee. Until the rates of the grantee are fixed by ordinance the grantee may fix its own rates by filing its rate sched- ule with the City Clerk of the City of Paris. Section 5. The City of Paris shall have the right to reason- ably regulate the business of the grantee in said City by ordinance.