§ A156-3. Approval of company.

Pursuant to any applicable procedures stated in Section 626 of the Cable Policy Act, the Board of the municipality, after affording the public adequate notice and opportunity for comment and having determined that the company is likely to satisfy cable-related community needs, hereby grants this franchise renewal. The Board, in public proceeding affording due process, considered and approved the company's technical ability, financial condition and character and in proceedings complying with the requirements of due process has found to be adequate and feasible the company's plans for constructing and operating the cable television system. In making said determination, the Board considered the company's past performance and its likelihood of satisfactory future performance and other factors the Board deemed necessary for the selection of the company as the cable television franchisee.