{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/15.2-2108.6.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/15.2-2108.6.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/15.2-2108.6.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/15.2-2108.6.html"}],"law_id":80578,"edition_id":1,"section_id":80578,"structure_id":13605,"section_number":"15.2-2108.6","catch_line":"Feasibility study on providing cable television services","history":"2003, c. 677.","full_text":"A\n\nUpon the hiring of a feasibility consultant under \u00a7 15.2-2108.5, the governing body of the municipality shall require the feasibility consultant to:1\n\nComplete the feasibility study in accordance with this section;2\n\nSubmit to the governing body by no later than 180 days from the date the feasibility consultant is hired to conduct the feasibility study the full written results of the feasibility study, and a summary of the results that is no longer than one page in length; and3\n\nAttend the public hearings required by &#xA7; 15.2-2108.7, if held, to: (i) present the feasibility study results and (ii) respond to questions from the public.B\n\nThe feasibility study described in subsection A shall at a minimum consider:1\n\nIf the municipality is proposing to provide cable television services to subscribers, whether the municipality providing cable television services in the manner proposed by the municipality will hinder or advance competition for cable television services in the municipality;2\n\nWhether but for the municipality any person would provide the proposed cable television services;3\n\nThe fiscal impact on the municipality of: (i) the capital investment in facilities that will be used to provide the proposed cable television services or (ii) the expenditure of funds for labor, financing, and administering the proposed cable television services;4\n\nThe projected growth in demand in the municipality for the proposed cable television services;5\n\nThe projections at the time of the feasibility study, and for the five years immediately thereafter, of a full-cost accounting for a municipality to purchase, lease, construct, maintain, or operate the facilities necessary to provide the proposed cable television services; and6\n\nThe projections at the time of the feasibility study and for the five years immediately thereafter of the revenues to be generated from the proposed cable television services.C\n\nFor purposes of the financial projections required under subdivisions B 5 and B 6 of this section, the feasibility consultant shall assume that the municipality will price the proposed cable television services consistent with subsection E of &#xA7; 15.2-2108.11.D\n\nThe governing body of the municipality shall determine whether the average annual revenues under subdivision B 6 exceed the average annual costs under subdivision B 5 by at least the amount necessary to meet the bond obligations of any bonds issued to fund the proposed cable television services based on the feasibility study&#8217;s analysis for the first year of the study and the five-year projection, and separately stated with respect to the proposed cable television services.","order_by":null,"text":{"0":{"id":288791,"text":"Upon the hiring of a feasibility consultant under \u00a7 15.2-2108.5, the governing body of the municipality shall require the feasibility consultant to:","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"A1"},"1":{"id":288792,"text":"Complete the feasibility study in accordance with this section;","type":"section","prefixes":["A","1"],"prefix":"1","entire_prefix":"A1","prefix_anchor":"A1","level":2,"prior_prefix":"A","next_prefix":"A2"},"2":{"id":288793,"text":"Submit to the governing body by no later than 180 days from the date the feasibility consultant is hired to conduct the feasibility study the full written results of the feasibility study, and a summary of the results that is no longer than one page in length; and","type":"section","prefixes":["A","2"],"prefix":"2","entire_prefix":"A2","prefix_anchor":"A2","level":2,"prior_prefix":"A1","next_prefix":"A3"},"3":{"id":288794,"text":"Attend the public hearings required by &#xA7; 15.2-2108.7, if held, to: (i) present the feasibility study results and (ii) respond to questions from the public.","type":"section","prefixes":["A","3"],"prefix":"3","entire_prefix":"A3","prefix_anchor":"A3","level":2,"prior_prefix":"A2","next_prefix":"B"},"4":{"id":288795,"text":"The feasibility study described in subsection A shall at a minimum consider:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A3","next_prefix":"B1"},"5":{"id":288796,"text":"If the municipality is proposing to provide cable television services to subscribers, whether the municipality providing cable television services in the manner proposed by the municipality will hinder or advance competition for cable television services in the municipality;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"6":{"id":288797,"text":"Whether but for the municipality any person would provide the proposed cable television services;","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"7":{"id":288798,"text":"The fiscal impact on the municipality of: (i) the capital investment in facilities that will be used to provide the proposed cable television services or (ii) the expenditure of funds for labor, financing, and administering the proposed cable television services;","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"B4"},"8":{"id":288799,"text":"The projected growth in demand in the municipality for the proposed cable television services;","type":"section","prefixes":["B","4"],"prefix":"4","entire_prefix":"B4","prefix_anchor":"B4","level":2,"prior_prefix":"B3","next_prefix":"B5"},"9":{"id":288800,"text":"The projections at the time of the feasibility study, and for the five years immediately thereafter, of a full-cost accounting for a municipality to purchase, lease, construct, maintain, or operate the facilities necessary to provide the proposed cable television services; and","type":"section","prefixes":["B","5"],"prefix":"5","entire_prefix":"B5","prefix_anchor":"B5","level":2,"prior_prefix":"B4","next_prefix":"B6"},"10":{"id":288801,"text":"The projections at the time of the feasibility study and for the five years immediately thereafter of the revenues to be generated from the proposed cable television services.","type":"section","prefixes":["B","6"],"prefix":"6","entire_prefix":"B6","prefix_anchor":"B6","level":2,"prior_prefix":"B5","next_prefix":"C"},"11":{"id":288802,"text":"For purposes of the financial projections required under subdivisions B 5 and B 6 of this section, the feasibility consultant shall assume that the municipality will price the proposed cable television services consistent with subsection E of &#xA7; 15.2-2108.11.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B6","next_prefix":"D"},"12":{"id":288803,"text":"The governing body of the municipality shall determine whether the average annual revenues under subdivision B 6 exceed the average annual costs under subdivision B 5 by at least the amount necessary to meet the bond obligations of any bonds issued to fund the proposed cable television services based on the feasibility study&#8217;s analysis for the first year of the study and the five-year projection, and separately stated with respect to the proposed cable television services.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C"}},"ancestry":[{"id":13605,"edition_id":1,"name":"Provision of Cable Television Services by Certain Localities","identifier":"1.1","label":"article","depth":4,"order_by":1,"parent_id":13192,"metadata":{},"date_created":"2026-06-26 03:45:22","date_modified":"2026-06-26 03:45:22","permalink":{"id":154389,"object_type":"structure","relational_id":13605,"identifier":"1.1","token":"15.2\/II\/21\/1.1","url":"\/15.2\/II\/21\/1.1\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13192,"edition_id":1,"name":"Franchises; Sale and Lease of Certain Municipal Public Property; Public Utilities","identifier":"21","label":"chapter","depth":3,"order_by":1,"parent_id":12733,"metadata":{},"date_created":"2026-06-26 03:44:25","date_modified":"2026-06-26 03:44:25","permalink":{"id":154333,"object_type":"structure","relational_id":13192,"identifier":"21","token":"15.2\/II\/21","url":"\/15.2\/II\/21\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12733,"edition_id":1,"name":"Powers of Local Government","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12720,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":152369,"object_type":"structure","relational_id":12733,"identifier":"II","token":"15.2\/II","url":"\/15.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12720,"edition_id":1,"name":"Counties, Cities and Towns","identifier":"15.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":151279,"object_type":"structure","relational_id":12720,"identifier":"15.2","token":"15.2","url":"\/15.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":54573,"structure_id":13605,"section_number":"15.2-2108.10","catch_line":"Bonding authority","url":"\/15.2-2108.10\/","token":"15.2\/II\/21\/1.1\/15.2-2108.10","metadata":false},{"id":79304,"structure_id":13605,"section_number":"15.2-2108.11","catch_line":"General operating limitations","url":"\/15.2-2108.11\/","token":"15.2\/II\/21\/1.1\/15.2-2108.11","metadata":false},{"id":72468,"structure_id":13605,"section_number":"15.2-2108.12","catch_line":"Eminent domain","url":"\/15.2-2108.12\/","token":"15.2\/II\/21\/1.1\/15.2-2108.12","metadata":false},{"id":74604,"structure_id":13605,"section_number":"15.2-2108.13","catch_line":"Quality of service standards","url":"\/15.2-2108.13\/","token":"15.2\/II\/21\/1.1\/15.2-2108.13","metadata":false},{"id":72353,"structure_id":13605,"section_number":"15.2-2108.14","catch_line":"Civil action","url":"\/15.2-2108.14\/","token":"15.2\/II\/21\/1.1\/15.2-2108.14","metadata":false},{"id":67397,"structure_id":13605,"section_number":"15.2-2108.15","catch_line":"Consumer complaints","url":"\/15.2-2108.15\/","token":"15.2\/II\/21\/1.1\/15.2-2108.15","metadata":false},{"id":87318,"structure_id":13605,"section_number":"15.2-2108.16","catch_line":"Annual report","url":"\/15.2-2108.16\/","token":"15.2\/II\/21\/1.1\/15.2-2108.16","metadata":false},{"id":84475,"structure_id":13605,"section_number":"15.2-2108.17","catch_line":"Antitrust immunity","url":"\/15.2-2108.17\/","token":"15.2\/II\/21\/1.1\/15.2-2108.17","metadata":false},{"id":82208,"structure_id":13605,"section_number":"15.2-2108.18","catch_line":"Repealed","url":"\/15.2-2108.18\/","token":"15.2\/II\/21\/1.1\/15.2-2108.18","metadata":false},{"id":71298,"structure_id":13605,"section_number":"15.2-2108.2","catch_line":"Definitions","url":"\/15.2-2108.2\/","token":"15.2\/II\/21\/1.1\/15.2-2108.2","metadata":false},{"id":77461,"structure_id":13605,"section_number":"15.2-2108.3","catch_line":"Scope of article","url":"\/15.2-2108.3\/","token":"15.2\/II\/21\/1.1\/15.2-2108.3","metadata":false},{"id":73868,"structure_id":13605,"section_number":"15.2-2108.4","catch_line":"Limitations on providing cable television services","url":"\/15.2-2108.4\/","token":"15.2\/II\/21\/1.1\/15.2-2108.4","metadata":false},{"id":72996,"structure_id":13605,"section_number":"15.2-2108.5","catch_line":"Preliminary public hearing; feasibility consultant","url":"\/15.2-2108.5\/","token":"15.2\/II\/21\/1.1\/15.2-2108.5","metadata":false},{"id":80578,"structure_id":13605,"section_number":"15.2-2108.6","catch_line":"Feasibility study on providing cable television services","url":"\/15.2-2108.6\/","token":"15.2\/II\/21\/1.1\/15.2-2108.6","metadata":false},{"id":64856,"structure_id":13605,"section_number":"15.2-2108.7","catch_line":"Public hearings on feasibility study; notice","url":"\/15.2-2108.7\/","token":"15.2\/II\/21\/1.1\/15.2-2108.7","metadata":false},{"id":82767,"structure_id":13605,"section_number":"15.2-2108.8","catch_line":"Referendum","url":"\/15.2-2108.8\/","token":"15.2\/II\/21\/1.1\/15.2-2108.8","metadata":false},{"id":85820,"structure_id":13605,"section_number":"15.2-2108.9","catch_line":"Enterprise funds for cable television services","url":"\/15.2-2108.9\/","token":"15.2\/II\/21\/1.1\/15.2-2108.9","metadata":false}],"previous_section":{"id":72996,"structure_id":13605,"section_number":"15.2-2108.5","catch_line":"Preliminary public hearing; feasibility consultant","url":"\/15.2-2108.5\/","token":"15.2\/II\/21\/1.1\/15.2-2108.5","metadata":false},"next_section":{"id":64856,"structure_id":13605,"section_number":"15.2-2108.7","catch_line":"Public hearings on feasibility study; notice","url":"\/15.2-2108.7\/","token":"15.2\/II\/21\/1.1\/15.2-2108.7","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/15.2-2108.6\/","history_text":"<p>This law was first created in 2003. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?031+ful+CHAP0677\">677<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":72996,"section_number":"15.2-2108.5","catch_line":"Preliminary public hearing; feasibility consultant","order_by":null,"url":"\/15.2-2108.5\/"},{"id":64856,"section_number":"15.2-2108.7","catch_line":"Public hearings on feasibility study; notice","order_by":null,"url":"\/15.2-2108.7\/"},{"id":82767,"section_number":"15.2-2108.8","catch_line":"Referendum","order_by":null,"url":"\/15.2-2108.8\/"}],"refers_to":[{"id":72996,"section_number":"15.2-2108.5","catch_line":"Preliminary public hearing; feasibility consultant","order_by":null,"url":"\/15.2-2108.5\/"},{"id":64856,"section_number":"15.2-2108.7","catch_line":"Public hearings on feasibility study; notice","order_by":null,"url":"\/15.2-2108.7\/"}],"permalink":{"id":154443,"object_type":"law","relational_id":80578,"identifier":"15.2-2108.6","token":"15.2\/II\/21\/1.1\/15.2-2108.6","url":"\/15.2-2108.6\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/15.2-2108.6\/","token":"15.2\/II\/21\/1.1\/15.2-2108.6","dublin_core":{"Title":"Feasibility study on providing cable television services","Type":"Text","Format":"text\/html","Identifier":"\u00a7 15.2-2108.6","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Upon the hiring of a <span class=\"dictionary\">feasibility consultant<\/span> under \u00a7&nbsp;<a class=\"law\" title=\"Preliminary public hearing; feasibility consultant\" href=\"\/15.2-2108.5\/\">15.2-2108.5<\/a>, the <span class=\"dictionary\">governing body<\/span> of the municipality shall require the <span class=\"dictionary\">feasibility consultant<\/span> to: <a id=\"paragraph-288791\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> Complete the feasibility study in accordance with this section; <a id=\"paragraph-288792\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#A1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Submit to the <span class=\"dictionary\">governing body<\/span> by no later than 180 days from the date the <span class=\"dictionary\">feasibility consultant<\/span> is hired to conduct the feasibility study the full written results of the feasibility study, and a summary of the results that is no longer than one page in length; and <a id=\"paragraph-288793\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#A2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"A3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> Attend the public <span class=\"dictionary\">hearings<\/span> required by &#xA7; <a class=\"law\" title=\"Public hearings on feasibility study; notice\" href=\"\/15.2-2108.7\/\">15.2-2108.7<\/a>, if held, to: (i) present the feasibility study results and (ii) respond to questions from the public. <a id=\"paragraph-288794\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#A3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The feasibility study described in subsection A shall at a minimum consider: <a id=\"paragraph-288795\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> If the municipality is proposing to provide <span class=\"dictionary\">cable television services<\/span> to <span class=\"dictionary\">subscribers<\/span>, whether the municipality providing <span class=\"dictionary\">cable television services<\/span> in the manner proposed by the municipality will hinder or advance competition for <span class=\"dictionary\">cable television services<\/span> in the municipality; <a id=\"paragraph-288796\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Whether but for the municipality any person would provide the proposed <span class=\"dictionary\">cable television services<\/span>; <a id=\"paragraph-288797\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> The fiscal impact on the municipality of: (i) the capital investment in facilities that will be used to provide the proposed <span class=\"dictionary\">cable television services<\/span> or (ii) the expenditure of funds for labor, financing, and administering the proposed <span class=\"dictionary\">cable television services<\/span>; <a id=\"paragraph-288798\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B4\" class=\"indent-1\"><p><span class=\"prefix-number\">4.<\/span> The projected growth in demand in the municipality for the proposed <span class=\"dictionary\">cable television services<\/span>; <a id=\"paragraph-288799\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B4\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B5\" class=\"indent-1\"><p><span class=\"prefix-number\">5.<\/span> The projections at the time of the feasibility study, and for the five years immediately thereafter, of a <span class=\"dictionary\">full-cost accounting<\/span> for a municipality to purchase, lease, construct, maintain, or operate the facilities necessary to provide the proposed <span class=\"dictionary\">cable television services<\/span>; and <a id=\"paragraph-288800\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B5\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B6\" class=\"indent-1\"><p><span class=\"prefix-number\">6.<\/span> The projections at the time of the feasibility study and for the five years immediately thereafter of the revenues to be generated from the proposed <span class=\"dictionary\">cable television services<\/span>. <a id=\"paragraph-288801\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#B6\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> For purposes of the financial projections required under subdivisions B 5 and B 6 of this section, the <span class=\"dictionary\">feasibility consultant<\/span> shall assume that the municipality will price the proposed <span class=\"dictionary\">cable television services<\/span> consistent with subsection E of &#xA7; <a class=\"law\" title=\"General operating limitations\" href=\"\/15.2-2108.11\/\">15.2-2108.11<\/a>. <a id=\"paragraph-288802\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> The <span class=\"dictionary\">governing body<\/span> of the municipality shall determine whether the average annual revenues under subdivision B 6 exceed the average annual costs under subdivision B 5 by at least the amount necessary to meet the <span class=\"dictionary\">bond<\/span> obligations of any <span class=\"dictionary\">bonds<\/span> issued to fund the proposed <span class=\"dictionary\">cable television services<\/span> based on the feasibility study&#8217;s analysis for the first year of the study and the five-year projection, and separately stated with respect to the proposed <span class=\"dictionary\">cable television services<\/span>. <a id=\"paragraph-288803\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/15.2-2108.6\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nFEASIBILITY STUDY ON PROVIDING CABLE TELEVISION SERVICES (\u00a7 15.2-2108.6)\n\nA. Upon the hiring of a feasibility consultant under \u00a7 15.2-2108.5, the\ngoverning body of the municipality shall require the feasibility consultant to:\n\n   1. Complete the feasibility study in accordance with this section;\n\n   2. Submit to the governing body by no later than 180 days from the date the\n   feasibility consultant is hired to conduct the feasibility study the full\n   written results of the feasibility study, and a summary of the results that is\n   no longer than one page in length; and\n\n   3. Attend the public hearings required by &#xA7; 15.2-2108.7, if held, to: (i)\n   present the feasibility study results and (ii) respond to questions from the\n   public.\n\nB. The feasibility study described in subsection A shall at a minimum consider:\n\n   1. If the municipality is proposing to provide cable television services to\n   subscribers, whether the municipality providing cable television services in\n   the manner proposed by the municipality will hinder or advance competition for\n   cable television services in the municipality;\n\n   2. Whether but for the municipality any person would provide the proposed\n   cable television services;\n\n   3. The fiscal impact on the municipality of: (i) the capital investment in\n   facilities that will be used to provide the proposed cable television services\n   or (ii) the expenditure of funds for labor, financing, and administering the\n   proposed cable television services;\n\n   4. The projected growth in demand in the municipality for the proposed cable\n   television services;\n\n   5. The projections at the time of the feasibility study, and for the five\n   years immediately thereafter, of a full-cost accounting for a municipality to\n   purchase, lease, construct, maintain, or operate the facilities necessary to\n   provide the proposed cable television services; and\n\n   6. The projections at the time of the feasibility study and for the five years\n   immediately thereafter of the revenues to be generated from the proposed cable\n   television services.\n\nC. For purposes of the financial projections required under subdivisions B 5 and\nB 6 of this section, the feasibility consultant shall assume that the\nmunicipality will price the proposed cable television services consistent with\nsubsection E of &#xA7; 15.2-2108.11.\n\nD. The governing body of the municipality shall determine whether the average\nannual revenues under subdivision B 6 exceed the average annual costs under\nsubdivision B 5 by at least the amount necessary to meet the bond obligations of\nany bonds issued to fund the proposed cable television services based on the\nfeasibility study&#8217;s analysis for the first year of the study and the\nfive-year projection, and separately stated with respect to the proposed cable\ntelevision services.\n\nHISTORY: 2003, c. 677.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}