1980 069 Ordinance - Laserfiche WebLink

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M.V. ORDINANCE NO. 80=69_.- Page -19-- Buckeye" card or other identification, satisfactory to the Village,. The Village-must then erify to the Company, in writing, that the individual is eligible to receive the discount. The discount shall be in the .amount of ten percent (100) and shall apply prospectively to the cost of installation and basic Cable TV services:' The discount shall apply only to services taken in the name of the eligible person and said discount shall not be transferrable. The Village will cooperate with the Company in~the application and enforcement of this provision. SECTION 26. Reserved for Future Use. SECTION 27. ADDITIONAL FEES TO VILLAGE; CIVIL PENALTIES It being agr-eed b'e'tween Grantee and Village that breach of these provisions without prompt cure will result in loss and additional adininistrative~cost to Village and that a fair and equitable measure of such loss and cost, otherwise difficult of determination, is Two Hundred Dollars (:$200.00) per day, Grantee shall pay to Village the sum of Two Hundred_Dollars (-$200.00) per day as an additional charge in the nature of~liquidated damages, although sometimes referred to as "civil penalty", for°items specified in Section 12(c) and 23 of this Ordinance. . SECTION-28.` RATE REGULATION A. The company shall have the autYior.ity to charge and collect the schedule of installation charges and. rates contained in this Ordinance unless and until the same shall be .increased. After the expiration of the original rate guarantee period, the company may, at any time, on 90-days prior written notice to the City, institute a rate increase not to exceed any.,percent increase in the Consumer Price Index (CPI') when said Tnde~~ has reflected a percent increase over either: 1. The end-of -year Index figure of the base year of 1979; or 2: The CPI figure. as of the date of the last rate increase. B. The ncrease,shall occur no more than once in any calendar year. C. No increase shall take effect if, within 60 days after notification, the City notifies the company that a hearing shall be held on the proposed rate increase. The hearing shall be held within 60 days following the date of setting the hearing; otherwise, said increase shall take effect. The only grounds for disapproval of a rate increase otherwise permitted by this paragraph shall be a finding that the company is. not .acting in accordance with the rates to which it would be entitled based on CPI figures.