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q,.i�l <br />Community <br />Television <br />P 763.427.1411 <br />www.petv.org <br />12254 Ensign Ave. N <br />Champlin, MN 55318 <br />• Grantee will continue PEG support of 2.5% of gross, plus increased support of $0.20 <br />per subscriber/per month, and continuation of the annual grant (approx. $55,000 <br />plus CPI inflator). <br />• One PEG channel in HD and a second channel added in 12 months. Bill message <br />announcing the HD PEG channel. PEG channel information on the electronic <br />programming guide. Reimburse costs to market up to $2,500 per channel, and <br />provide bill notices. <br />• Grantee pays the Commission $55,619.39 for franchise and PEG fees underpayments. <br />• Grantee shall reimburse the QCCCC's transaction review costs. <br />• The Agreement is subject to member city approval of the transfer. The Grantee will <br />reimburse the costs to review the transactions. <br />Recommendation <br />The benefits of an extended franchise, continuation of the current strong PEG funding <br />formula coupled with a modest funding increase, and beneficial PEG channel terms coupled <br />with the protections in the consent resolution present an attractive package of terms. QCCCC <br />recommends city approval of the transfer of ownership based on the settlement and the <br />conditions imposed by the consent resolution. <br />