The franchisee may pass through to its subscribers such external costs as are allowed under the Act and regulations promulgated thereunder. However, the franchisee shall not proceed with any franchise-required activity where the cost of such may be passed through to subscribers externally unless it has first provided written notice to the city. Such notice shall include an analysis (description of service and calculation methodology per subscriber) of the financial impact of the activity to subscribers. The city, upon receiving such notice, shall consider waiving the franchise requirement, and, if so waived, the franchise shall be deemed amended. If the city has not waived the requirement, or otherwise responded to the notice within 60 days, the franchisee shall proceed with the required activity and shall pass through the external costs in accordance with federal law. (Ord. 1708 § 1, 1997).