4 - City of Oxford

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97768- laISMORIO-IIMILI
successors and assigns, only;
MINUTE BOOK No. 24, CITY OF OXFORD
(g) a rental agreement satisfactory to the City shall be executed cover-
ing pole use of the poles of the City of Oxford Electric Department;
(h) that construction procedures for the construction of operating lines
to be used in furnishing television service of all kinds by grantee shall begin
within six months from and after the effective date of this Ordinance, pro-
vided that utilities involved have made their plants available to grantee, and
grantee shall have its television service in operation within twelve (12)
months after the utilities involved have made the plants available. However,
grantee shall not be chargeable with delay from circumstances over which it
has no control, and including acts of God.
SECTION II. Grantee may from time to time declare, make and enforce
such reasonable rules and regulations in the supplying of its services to the
extent they are not inconsistent with the provisions hereof, and a copy of
such rules and regulations shall be kept on file at all times with the Clerk of
the City of Oxford.
SECTION III. That the Grantee shall indemnify and hold the City of Oxford
harmless at all times during the term of this grant from and against all claims
for injury or damages to persons or property, both real and personal, resulting
from the negligence on the part of Grantee incurred by it in pursuit of the
activities authorized by this Ordinance, and the Grantee shall carry insurance
against liability due to damages to the property of any one person in an
amount not less than $25,000.00, and $100,000.00, as to any one accident, and
against liability due to injury or death of persons in an amount not less than
$100,000.00, as to any one person, and $300,000.00 as to any one accident;
the Grantee, upon receipt of due notice in writing from the City, shall defend
at its own expense any action or proceeding against the City in which it is
claimed that the damage or injury arose from the Grantee's negligence in the
operation of its activities hereunder.
SECTION IV. Upon expiration of this agreement, or upon its termination
by any method other than abandonment, grantee shall, within six (6) months,
remove its poles, lines andrelated accessories from all public passage, rights
of way and other places installed within the City and subsequent additions
thereto. Grantee shall deposit with the City cash, or a faithful performance
bond,.in the amount of $25,000.00 guaranteeing to the City such removal which,
should Grantee fail to perform, such cash or bond shall be automatically for-
feited to the City. Upon abandonment of the system by the Grantee, the City
may, at its option, declare that the system has been forfeited to the City,
in which event the City shall become the owner of the entire system, or the
City may declare that the aforementioned deposit or bond has been forfeited.