Agenda - Council - 07/25/1995 - Laserfiche WebLink

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Mac or DOS of the franchise document. The renewal procedures will be changing over the next year. ATTORNEY'S REPORT - 7 : 7.! Rate Adjustment Bob Vose stated that there are two issues dealing with rates before the Commission, both have to do with dealing FCC Forms 1210 which has to do with increasing and/or updating company rates. The first issue deals with February 10th Form 1210 which deals with implementation of rates April 1st. The company asked that they increase their rates due to inflation and increase in programming costs. The Commission tolled the rate review period for 90 days to allow an audit of the forms. Mr. Muellerleile has had an opportunity to meet with Meredith to discuss his concerns. Mr. Muellerleile has reported back that he feels the rate increase is reasonable and recommends that the Commission approved Meredith's requested February 10th rate increase. Motion was made by Nagel, seconded by Peterson, TO APPROVE FROM 1210 DATED FEBRUARY 10, 1995. O'Connell reminded the Commission that the rate increase was discussed at the February meeting. It was decided that along with the tolling, the Commission allowed the rate increase to go into effect with the understanding that if Form 1210 was not approved, Meredith would run the risk of a rate rebate. 6 ayes - 1 nays. Motion carried. Bruce lohnson nay. Vose stated the second issue before the Commission is Meredith's second Form 1210 rate increase filed May l, 1995 regarding rates to be implemented luly 1, 1995. The FCC originally stated that cable companies were allowed a certain percentage increase due to inflation. FCC has since modified raised the inflation adjustment and allowed a larger percentage than originally published. This has caused some cable companies, Meredith included, to re-file Form 1210 and ask for the additional increase. Mr. Muellerleite has taken a cursory look at the new form but has not received the new software from the FCC. Vose suggests that the Commission toll the rate increase to allow Mr. Muellerleile time to obtain the software and examine the new Form 1210. O'Connell distributed a copy of the Tolling Order to all Commissioners. Motion was made by B. Johnson, seconded by Nagel, TO MOVE THE TOLLING ORDER, I I I I I I I I I I I I I I, I I I I I