The franchised cable operator shall concurrently with the filing of its acceptance
of its franchise file with the clerk to the board/franchising authority and at all
times thereafter maintain in full force and effect for the term of its franchise at
the franchised cable operator's expense a corporate surety bond in a company in any
form approved by the county attorney and in an amount set by the board/franchising
authority at the time of granting of the franchise, renewable annually and conditioned
on the faithful performance of the franchised cable operator of all the terms and
conditions of its franchise for the term thereof.
(b)
If the franchised cable operator shall under other terms of this article forfeit the
franchise other than by reason of the acquisition by the county of the franchised
cable operator's property, then the county shall be entitled to recover under the
terms of such bond the full amount of any loss occasioned to the county by reason
of such violation or forfeiture to the full amount of such bond.
(Ord. No. 97-023, § 1, 4-22-97)
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