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<br />NOTE 6. <br /> <br />NOTE 7. <br /> <br />NORTH METRO TELECOMMUNICATIONS COMMISSION <br />NOTES TO FINANCIAL STATEMENTS <br /> <br />FRANCHISE FEE REIMBURSEMENTS <br /> <br />Included within franchise fee reimbursements for the year ended December 31, <br />2004, are the following amounts paid by the Commission to its city members that <br />represent refunded franchise fees: <br /> <br />Amount <br /> <br />City of Blaine <br />City of Centerville <br />City of Circle Pines <br />City of Ram Lake <br />City of Lexington <br />City ofLino Lakes <br />City of Spring Lake Park <br /> <br />$ <br /> <br />52,312 <br />3,248 <br />4,892 <br />11,534 <br />2,336 <br />14,737 <br />7,847 <br /> <br />$ 96,906 <br /> <br />RISK MANAGEMENT <br /> <br />The Commission is exposed to various risks of loss related to torts; theft of, <br />damage to and destruction of assets; errors and omissions; injuries to employees; <br />and natural disasters for which the Commission can-ies insurance_ There were no <br />significant reductions in insurance fTom the previous year or settlements in excess <br />of insurance. <br /> <br />P.161 <br />