§ 26-4. Application for franchise.

(a)

No application for a franchise shall be considered unless it is submitted in accordance with the terms of a resolution approved by the mayor and council which shall provide a period for submission of application of at least thirty (30) days from the date of publication of the resolution in a newspaper of general circulation in Prince George's County.

(b)

Such resolution shall require that such applications shall provide for a detailed description of a CATV system proposed in accordance with the terms of this chapter, including costs of construction, maintenance and operation, a construction time schedule, and a full disclosure of the ownership and management organization of the prospective franchisee, finances, including the names and addresses of all persons owning an interest of five (5) percent or more of the entity applying for a franchise, the amount of each such interest, and the names and addresses of any person residing in the state who have or will have a pecuniary interest in the granting or management of such franchise.

(c)

Such resolution shall provide for an application fee sufficient to cover the estimated cost to the town of soliciting and reviewing such applications.

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