Laserfiche WebLink
ORDINANCE SUMMARY <br /> <br />Ordinance No. <br />City of <br /> <br /> AN ORDINANCE AMENDING ORDINANCE NO. <br />FRANCHISE AGREEMENT BETWEEN THE CITY OF <br />GROUP W CABLE. <br /> <br />The Council of the City of <br /> <br />REGARDING THE' <br /> AND <br /> <br />does ordain: <br /> <br />ARTICLE VI. SYSTEMS OPERATIONS <br /> <br />HECTION 4. FRANCHISE FEES, RATES, CHARGES, CHANGES IN FEES <br /> <br />AND PROCEDURES <br /> <br /> ;trticle VI, Section 4, Paragraphs A, B, C, and D are <br />amended to require that throughout the term of the franchise, <br />Group W shall pay to City an annual fee of 5% of all gross <br />revenues. The rates provided in the franchise shall be <br />guaranteed for 2 years and 6 months after commencement of cable <br />service to the residential subscribers on October 20, 1983. <br />Basic rates shall be regulated pursuant to the terms and condi- <br />tions of the franchise allowing changes in rates unless the <br />City specifically disapproves such changes. Rates for other <br />than basic service shall be regulated pursuant to the terms <br />and conditions of the franchise. This section further details <br />the procedures for the regulation of other than basic service <br />rates in the event the law should provide for their regulation. <br /> <br /> This amendment shall take effect and be enforced after its <br />passage and official publication. <br /> <br />The amendment was passed and adopted the · 1984. <br /> <br />day of <br /> <br /> <br />