§ 26-18. Termination of franchise; authority and procedure.

(a)

If a franchisee fails to comply with any of the provisions of this chapter, or regulations promulgated under the authority of this chapter, or defaults in any of its obligations under the franchise agreement, and fails within thirty (30) days after written notice from the town to the franchisee has been received by such franchisee to correct such noncompliance or default, the town may, at its option, terminate the rights granted under this franchise; provided, that before any franchise is terminated under this section, the franchisee shall be entitled to a hearing before the council to show cause why the franchise should not be terminated.

(b)

In the event that the town terminates a franchise, the town may, at its option either:

(1)

Require the franchisee to remove its facilities within sixty (60) days after such termination; or

(2)

In the event that the franchisee does not remove its facilities within such sixty-day period, the town may remove such facilities and charge to the franchisee the costs of the removal; or

(3)

Take possession of such equipment and facilities with the amount of compensation to be paid by the town or a successor franchisee for the cost of such facilities to be determined by agreement for arbitration.

(Ord. No. 3-80, 6-12-80)