A.    The city reserves the right to regulate rates for cable services to the extent permitted by law. In the event that the Cable Act is amended or repealed, or restrictions on the authority of the city to regulate rates are otherwise removed or lessened, or the FCC or any court permits the city to regulate such rates, the city may at its discretion, establish procedures and standards for the rates and regulate such rates to the extent of its regulatory authority under federal, state and local laws.

    B.    The company may unilaterally adjust all rates that are not subject to regulation, provided that at least forty-five days prior to the effective date of any increase in rates the company notifies the city council and city administrator, setting forth the new rates and at least thirty days prior to the effective date of any such increase, the company provides written notice of such increase to all subscribers. (Ord. 496 § 2 (part), 1993)