[Ord. No. 455 §1, 7-17-2001]
The City hereby adopts and enacts into law the Cable Communications Regulatory Code, marked as Appendix I, on file in the office of the City Clerk.
[Ord. No. 455 §§2 — 4, 7-17-2001]
The Board of Alderpersons of the City of Greendale accordingly declares its continued participation in the North Area Telecommunications Authority with the understanding and upon the conditions that follow:
The Board of Directors of the North Area Telecommunications Authority shall adopt revised and amended bylaws for the reorganization and operation of the Authority, which said bylaws shall supersede any existing rules and regulations and which shall be in substantial conformity with Exhibit 2 on file in the City offices.
The Board of Directors of the North Area Telecommunications Authority shall, consistent with the reorganization to be effected by the adoption of Exhibit 2 on file in the City offices:
Perform an accounting of all assets of NATA;
Liquidate all unnecessary assets;
Collect any amounts owed to NATA;
Return to NATA's member municipalities, in proportion to the amounts so paid by each member on a cable subscriber basis, excess funds as deemed appropriate by the NATA Board.
The City Clerk is hereby authorized and directed to deliver to the Chairman of the North Area Telecommunications Authority a certified copy of this Chapter and upon such delivery the City shall be deemed to continue as a member of the Authority under the terms and conditions set forth herein.