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• G. This Ordinance will govern the procedures to be undertaken by the City for the regulation of Grantee's cable television rates pursuant to the 1992 Cable Act and regulations of the FCC. SECTION 2. Full Regulatory Power Reserved. All other rates and charges for basic cable service and any other cable programming services, as defined by the 1992 Cable Act and applicable FCC regulations, shall to the extent permissible, be subject to regulation by the City in a manner provided by this Ordinance. This ordinance shall apply to all cable television system operators in the City. The Grantee and/or any other operator of a cable television system operating in the City shall be subject to the rate regulation provisions provided for herein, and those of the FCC at 47 C.F.R., part 76.900, Subpart N. SECTION 3. Procedures for Implementing Regulation of Basic Cable Service. A. The City hereby adopts and shall follow the rules relating to cable rate regulation • promulgated by FCC at 47 C.F.R., Part 76.900, Subpart N. • B. As soon as the City's FCC Form 328 becomes effective, the Clerk of the City Council shall send to Grantee and each operator of a cable television system in the City, via Certified Mail, Return Receipt Requested, a written notice, which shall include a copy of this Ordinance and the completed FCC Form 328. C. within thirty (30) days after receipt of the notice referenced in Section 3.B, Grantee and any other cable television operator shall have thirty (30) days to respond with rate and benchmark information utilizing FCC Form 393 -- Determination of Maximum Initial Permitted Rates For Regulated Cable Services and Actual Cost of Equipment. 1. If the initial rates and/or any subsequent rate increases are within the FCC standards, the rates will be effective thirty (30) days after submission. If the City is unable to determine whether the rate in issue is within the FCC's standards, based on the material 2