§ 34. Flow through of refunds.

Latest version.

(a)

If during the term of this franchise the grantee receives refunds of any payments made for television or radio signals, it shall without delay notify the city council, suggest a plan for flow through of the refunds to its subscribers, and retain such refunds pending order of the council. After considering the plan submitted by the grantee, the council shall order the flow through of the refunds to the grantee's subscribers in a fair and equitable manner.

(b)

By its acceptance of this franchise the grantee specifically grants and agrees that if, during the term hereof, it receives refunds of any payments made for television or radio signals, it shall without delay notify the city council, suggest a plan for flow through of the refunds to its subscribers, retain the refunds pending order of the council, and flow through such refunds in accordance with the order of the council.

                    
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