§24D-1-11. Renewal of cable franchise.
(a) Any cable franchise issued pursuant to this chapter may be
renewed by the franchising authority upon approval of a cable
operator's application or proposal therefor and in accordance with
the provisions of 47 U.S.C. §546 as the same is in effect on the
effective date of this chapter. The form of the application or
proposal shall be prescribed by the commission. The application or
proposal fee shall be the same fee prescribed for franchise
applications. The periods of renewal shall be not less than five
nor more than twenty years each. The commission shall require of
the applicant full disclosure, including the proposed plans and
schedule of expenditures for or in support of the use of public,
educational or governmental access facilities. Except as otherwise
provided in this section, the franchising authority shall have
exclusive authority regarding the renewal of a cable franchise.
(b) For cable franchises for which a proposal or application
for renewal has been submitted by the cable operator to the
franchising authority prior to expiration of the cable franchise
and which application or proposal the franchising authority has
neither approved nor denied, the cable franchise, at the cable
operator's election, shall continue upon the same terms and
conditions until such time as the franchising authority either
approves or denies the application or proposal for renewal.