§ 76-60. Renegotiation.

Latest version.

(a)

Upon written notice given by the county or grantee, one to the other, not less than six months prior to the fifth and tenth anniversaries of the date of execution of a franchise agreement, the terms and conditions of the franchise agreement may be modified, provided that both the county and the grantee are agreeable to the modification. Modification shall be directed toward effecting alterations in the terms and conditions to reflect those technical and economic changes which have occurred during the interim period.

(b)

Any changes in the franchise agreement necessitated by modification to the Federal Communications Commission regulations shall be incorporated into the franchise agreement within the time limit provided for in the rules and regulations of the Federal Communications Commission then in force and effect.

(Code 1983, § 33-4-30)

                    
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