2014_0616_CCpacket - Laserfiche WebLink

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PUBLIC DOCUMENT-TRADE SECRET DATA HAS BEEN EXCISED Comcast of Minnesota EXECUTIVE SUMMARY OF PROPOSAL Page 2 Comcast's proposal provides the following material benefits for the member cities of the NSCC: • A maximum permitted franchise fee on cable services of 5% which, based on current revenue, will approximate $15.5 million over the ten-year term. • PEG capital funding of approximately $4.8 million over a 10-year term, which is more than adequate to support PEG facilities and equipment during the term of the franchise. • Complimentary basic cable service to public schools, libraries, and municipal buildings, with a value over the life of the franchises exceeding $128,000. • Enhanced financial accountability to the member cities through payment of all franchise fees and PEG fees directly to each member city. • As a solution to the heavily diluted and sparsely watched 8 PEG channels that exist today, Comcast proposes a much more robust and manageable 4 channels: 3 standard-definition and 1 high- definition, with an opportunity to obtain additional channels in the future based on actual usage. • Inclusion of the 4 PEG channels on the digital channel guide with detailed program listings. • Continued use of an institutional network for both PEG-related and non-PEG-related uses at reasonable rates in compliance with applicable law. • Continued delivery of popular and innovative cable services over Comcast's high-performing hybrid fiber-coax cable system. • Compliance with the FCCs customer service standards with reporting and enforcement mechanisms. • An improved audit and dispute resolution procedure to avoid unnecessary legal and consultant fees and to foster an improved working relationship between the NSCC and Comcast. • A performance bond in the amount of $500,000 to guarantee the faithful performance of the obligations in the franchise agreements.