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Without limitation upon the rights which the council may otherwise have, subject to the provisions of SCC 5.15.070(B)(9), the council does hereby expressly reserve the right to amend any section or provision of this chapter for any reason determined to be desirable by the council including, but not limited to:

A. New developments in the state of technology of cable communications systems.

B. Any changes in federal or state laws, rules or regulations.

C. The city expressly reserves the right to regulate a licensee’s rates and charges to the extent permitted by law at any time it deems it to be desirable or in the public interest. If the city decides to exercise any such authority it may have, it shall develop regulations which govern the procedure pursuant to which a licensee may seek authority for rate increases. [Code 2006 § 12-1-16. Ord. 91-20, 12-10-1991].