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I <br /> lAny extension to the prescribed time limit must <br /> be authorized 'by the hoard. Stich extension shall ::e authorized <br /> 1 <br /> on.1v when the boars: finds tt!at such extens.}on is neresi:a.ry and <br /> appropriate due to causes beyond the control of th�i: grantee. <br /> l <br /> The cor._ <br /> stru:Lion band shall be tY�,rminated only <br /> after the board finds that the co;r:pany has satisfactorily complete.! <br /> � <br /> and fully activated vactivated thF cable system pursuant to the terms of i <br /> the franchise <br /> 3`ha rights to the county �,rith re:aaect to the <br /> construction bond are in addition to al.l. other rights of the <br /> county, whether reserveO by this ordinance or authcri4-od b� law, �3r <br /> no action, proceeding of exercise of a right with respect to such <br /> i <br /> construction bond shall effect any other right the county may <br /> nave. <br /> (g) Concurrently with the filiTL Y Of t:he written <br /> acceptance as required in section 'vi, the grantee shall deposit <br /> with the County Manager a <br /> letter of credit from a financial <br /> Jnstitution in the amount of ten thousanc' dollars '$10,000.00), . i <br /> i <br /> I The form and content of such letter of credit shall be approved <br /> by the County attorney. The letter of credit shall, be used to <br /> i <br /> f ensure the faithful performance by the grantee of all provisions l <br /> I <br /> of this ordinance and the franchise and compliance prim all <br /> l reasonable orders, permits and directions of any agency of the <br /> county having jurisdiction over its acts or defaults under this <br /> ordinance or the franchise, and the payment by the grantee of ! <br /> env claims, liens and taxes due the county which arise by <br /> e <br /> { reasoni of the construction, operation or maintenance of the <br /> cable television system. <br /> The letter of credit shall be maintained <br /> i <br /> at ten thousand dollars ($do,000,00) during the entiro term <br /> of the franchise, even if amounts are withdrawn pursuant to � <br /> _20- <br /> this section. <br /> ,ETTA\, $FRNHDLX <br /> b;cEanscx if the grantee fails to pay to the county any <br /> ATTGRYHYS AT LAW f <br /> cwae: r+.L!.::.c. <br /> compensation within the time fixed herein; or, €ails, after <br /> tnusaas:oc:c:;.�.c p <br /> ten (10) clays notice to pay to the county any taxes due and unpaid; <br /> i <br />