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addition, Grantee commits that a significant portion of its investment will be <br /> targeted to areas below the median income in the City. <br /> (ii) Initial Minimum Build-Out Commitment. Grantee agrees to be capable of serving <br /> a minimum of fifteen percent (15%) of the City's households with cable service <br /> during the first two (2) years of the initial Franchise term, provided, however that <br /> Grantee will make its best efforts to complete such deployment within a shorter <br /> period of time. This initial minimum build-out commitment shall include <br /> deployment equitably throughout the City and to a significant number of <br /> households below the medium income in the City. Nothing in this Franchise shall <br /> restrict Grantee from serving additional households in the City with cable service; <br /> (iii) Quarterly Meetings. Commencing January 1, 2016, and continuing throughout <br /> the term of this Franchise, Grantee shall meet quarterly with the Executive <br /> Director of the Commission. At each quarterly meeting, Grantee shall present <br /> information acceptable to the City/Commission (to the reasonable satisfaction of <br /> the City/Commission) showing the number of Households Grantee is presently <br /> capable of serving with cable service and the number of Households that Grantee <br /> is actually serving with cable service. Grantee shall also present information <br /> acceptable to the City/Commission (to the reasonable satisfaction of the <br /> City/Commission) that Grantee is equitably serving all portions of the City in <br /> compliance with this subsection 2.8.1. In order to permit the City/Commission to <br /> monitor and enforce the provisions of this section and other provisions of this <br /> Franchise, the Grantee shall promptly, upon reasonable demand, show to the <br /> City/Commission (to the City/Commission's reasonable satisfaction) maps and <br /> provide other documentation showing exactly where within the City the Grantee <br /> is currently providing cable service; <br /> (iv) Additional Build-Out Based on Market Success. If, at any quarterly meeting, <br /> Grantee is actually serving twenty seven and one-half percent (27.5%) of the <br /> Households capable of receiving cable service, then Grantee agrees the minimum <br /> build-out commitment shall increase to include all of the Households then capable <br /> of receiving cable service plus an additional fifteen (15%) of the total households <br /> in the City, which Grantee agrees to serve within two (2) years from the quarterly <br /> meeting; provided, however, the Grantee shall make its best efforts to complete <br /> such deployment within a shorter period of time. For example, if, at a quarterly <br /> meeting with the Commission's Executive Director, Grantee shows that it is <br /> capable of serving sixty percent of the households in the City with cable service <br /> and is actually serving thirty percent of those Households with cable service, then <br /> Grantee will agree to serve an additional fifteen percent of the total households in <br /> the City no later than 2 years after that quarterly meeting (a total of 75% of the <br /> total households). This additional build-out based on market success shall <br /> continue until every household in the City is served; <br /> (v) Line Extension. Grantee shall not have a line extension obligation until the first <br /> date by which Grantee is providing Cable Service to more than fifty percent <br /> 11 <br />