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O78-13ORDINANCE NO. 78-13 AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING ORDINANCE NO. 68-17, ADOPTED ON SECOND AND FINAL READING AUGUST 5, 1968, AS AMENDED, TO PROVIDE FOR THE DEREGULATION OF CABLE SERVICE RATES AS P~ESENTLY REGULATED BY SAID ORDINANCE; PROVIDING FURTHER TO EMPOWER CITY TO REINS~ITUT. E REGULATION AS DEEMED NECESSARY; REPEALING ALL .ORDINkCES OR PARTS OF ORDINANCES IN CONFLICT EERE~ITH,~=' ~ROV!DING~OR AN EFFECTIVE UATE~ AUTHORITY TO CODIFY, AND FOR OTHER PURPOSES. WHEREAS, that the franchised Florida CATV Corp, is City, which condition has existed operations within the City, and WHEREAS, cable service and not a public utility service, it has been made to appear to the City Council cable service operater in the City, TelePrompTer the is a convenience and luxury item and therefore is a service optional to the citizens and residents of the City~ and WHEREAS, ~here is serious question as to whether or not the regulation of rates as now provided for under said Franchise Ordinance, as amended, is desirable or necessary, it being the present feeling of the' City Council that the marketplace should be the determining factor in setting rates for cable service within the City, and WHEREAS, the Federal Communications Commission has by its decision of August 1976 made municipal rate regulation optiona with the municipality, and WHEREAS, TelePrompTer, the franchise holder, has petitioned the City to suspend rate regulation for the purpose of letting the marketplace determine the rates, thereby avoiding expensive rate hearings and meetings before this Council, thereby saving money for both the cable holder and the municipality; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1: That the regulation of rates as presently controlled by said Ordinance No. 68-17, as amended, be and the same is hereby suspended with authority and permission to the cabl~ franchise holder to establish its own rates, subject however, the requmrement that such rates as are establised be filed with losing money on its operations ~ithin from the inception of its the City at least thirty (30) days before said rates are to become effective. The p~ovislon for deregulatio~ of rates provided by this Ordinance shall have no effect upon the continued obligation of the f~anchisee~to pay to the City franchise fees provided by prior agreement batween the parties. Sectio~ 2: Legislative Intent: The City Council of the City of Boynton B~ach, Florida recognizes the unique attributes of ~he Cable Television business which distinguish it from other industries. However, this Ce~ncilalso notes that actual competitio~ among cable television companies in the City of Boynton Beach, Florida is extremely limited, thereby allowing a potential for monopolistic profits, which by their nature are contrary to established public policy. For this reason, the City of Boynton Beach, Florida reserves the right to reinstitute rate regulation at any time it deems necessary in the future. Section 3: Separability: If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any Court of competent jurisdiction, such portion shall be deemed a separate, distinct and independent provision and such holding shall not affect the validity of the remaining portions hereof. Section 4: Ordinance Repealed: All ordinances or parts of ordinances in conflict with the provisions of this Ordinance are hereby repealed. Ssction 5: Codification: granted to codify this Ordinance. Specific authority is hereh First reading this 7th day of March, 1978. Second reading this 21st day of March, 1978. PASSED AND ADOPTED on third and final reading, day of ~ ~__, 1978. CITY OF BOYNTON BEACH, ATTE ST: City Clerk ~' (Corp. Seal) By: this FLORIDA