Ord. #73 - Cable Franchise - Laserfiche WebLink

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FROM : NORTH METRO FAX NO. : 612 780 8242 Oct. 17 2002 08:40AM P3 access programming which Meredith is providing at the effective date of this Memorandum, except as seat forth in Section 2 below, and further subject to'the foilowing terms and condirlorIS: A. Meredith has collected from April 1, 1995, and shall continue to collect through Deetm W 31, 1995, a fee of One Dollar and Fifty Cents (51.50) ("PEG Fee") for the purpose of recover its expenses in providing PEG Programming, not including any expenses for the provision of local origination programming, from April 1, 1995 through Deumber 31, 1995. If Meredith collects more tl= its expenses for 1995, it may offset its undettharges provided for in previous FCC rate decisions and the Universal Service start -yap costa as datermbzd in Exhibit I~. Xf an overage still exists, Meredith will not keep the overage, nor will any overage be given to the Commission; in the alternative,.both parties will develop a rrmwally acceptable procedure to expend the monies for community programming. B Meredith shall continue to collect the PEG Fee from all subscribers receiving Basic ,Service for which a fee is paid ("Subscribers") after December 31, 1995 for the purpose of funding PEG Programming, beginning on the effective date of this Agrc=nem and continuing for uy subsequent renewed fro nhise period [the surer meal of which shall not to exceed fifteen (15) years without mutual agreement of both parties]. Upon yearly approval of the Member Cities, via the Commission, the PEG Fee shall yearly escalate in an amount. not to exceed the amounts as set - forth In Exhibit.A attached hereto (but In no event greater than twenty-five cerds (250) in, any twelve (12) mouth period). To the extant collection of such yearly PEG Free results in Meredith's receipt of fees iu excess of the amount currently expended by Marrdith for these purposes, Meredith sball develop a plan to expend such additional receipts for the purpose of funding community probrra=iing with the advice -And consent of the Commission. ---- C. Meredith shall expend a total of Thxee Hundred Thousand Dollars ($300,000.00) as directed by Commission as to time and manner for and in lieu of all PEG Programming capital, replacement, and other equipment obligations during the current Franchi, and for any subsequent renewal as set forth below, with One Hundred Fifty Thousand Dollars ($150,000.00) being obligated on or about January 1, 1996, and One Hundred Fifty Thousand Dollars ($150,000.00) being obligated on or about January 1, 1997. D. Meredith, the Member Cities, and the Commission agree tint the operating and capital expenditures and/or payments provided in paragraphs A, E, and C above, and any fawn transfer of PEG Programming as rc>ayy be made pursuant to Section 2 glow, are made for, and in fall satisfaction of PEG and any related programming obligations upon renewal, and subject to any subsequent renewals of the Franchise (the sum total of which shall not exceed fifteen (15) years).