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Agenda - Council - 11/13/1984
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Agenda - Council - 11/13/1984
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
11/13/1984
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I <br /> I <br /> I <br />I <br />i <br />I <br />I <br /> <br /> ca] year of Grantee, an annual fee o! five percent {5%) <br /> of all gross revenues. No payment will be allowed o! <br /> any fee that is different from five percent, other than <br /> the filing fee and payment required of the successful <br /> applicant as established by City to recover %he costs <br /> of franchising. Grantee agrees to support any waiver <br /> required by the FCC for the established franchise fee. <br /> The annual fee may be subject to renegotiation at such <br /> time as federal or state authorities no longer regulate <br /> the amount of the fee. If Grantee and City do not <br /> agree in renegotiations, the Franchise fee shall remain <br /> unchanged. <br />(2) Payment will be made to City with an itemization of the <br /> <br /> gross revenues derived from the services in City. <br /> <br />Rates and Other Charges. <br /> <br /> (1) Rates and charges charged by Grantee for monthly ser- <br /> vice and installation and other charges hereunder shall <br /> be uniform, fair and reasonable and designed to meet <br /> all necessary costs of service, including a fair rate <br /> of return on the original cost, less depreciation, of <br /> the properties devoted to such service {without regard <br /> to any subsequent sale or transfer price or cost of <br /> such properties). <br /> <br /> (2) For three years after commencement of cable service to <br /> residential subscribers, the maximum rates shall be the <br /> specific rates of Grantee as included in Exhibit A, <br /> attached hereto and made a part of %his Franchise and <br /> <br />39 <br /> <br /> <br />
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