Orange County NC Website
Browse       Search
Mana-ger may immediately request payment of the amount <br />thereof, with interest and any penalties, from the letter of <br />credit. Upon such request for payment, the County Manager <br />shall notify the grantee of the amount' and date thereof. <br />The rights reserved to the county with respect to <br />the letter of credit are in addition to all other rights of <br />the county whether reserved by this ordinance or authorized <br />by law, and no action, proceeding or exercise of a right with <br />respect to such letter of credit shall affect any other right <br />the county may have. <br />(h) The grantee shall pay to the county a sum of <br />money sufficient to reimburse it for all expenses up to <br />$20,000 incurred by it in connection with the granting of a <br />franchise pursuant to the provisions of this ordinance less <br />all application fees collected by the county pursuant to the <br />process leading to the award of the franchise. Such payment <br />shall be made within thirty (30) days after the county <br />furnishes the grantee with a written statement of such <br />expenses. <br />(i) The grantee shall file and maintain with the <br />county manager__Z02ies of all petitions, applications and <br />Communications transmitted by the grantee to or received by <br />the grantee from all federal and state regulatory <br />or agencies having !competent <br />_ jurisdiction to regulate the <br />20erations of any broadband telecommunications network <br />authorized hereunder. <br />35 <br />