Ordinance - #86-01 - 04/22/1986 - Laserfiche WebLink

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QUAD CITIES CABLE COMMUNICATIONS COMMISSION CABLE COMMUNICATIONS ORDINANCE AMENDMENT AGREEMENT NO. 2 City of Ramsey Exhibit 1 THIS AGREEMENT, made and entered into this 22nd day of April , 198~9 by and between the City of Ramsey, a municipal corporation of the State of Minnesota (hereinafter "City" or "Grantor"), and Group W Cable of the Quad Cities Inc., a Minnesota corporation (hereinafter "Grantee"). The Grantor and Grantee hereinafter may collectively be referred to as "Parties". WITNESSETH: WHEREAS, pursuant to City Ordinance No. 82~14, the Grantor has granted and the Grantee has accepted a non- exclusive revocable Franchise to operate, construct, maintain and reconstruct a cable television system within the City ("Franchise Agreement"); and WHEREAS, the Parties desire to modify and clarify certain provisions contained in the Franchise Agreement; NOW, THERFORE, in consideration of the mutual covenants contained herein the Parties agree as follows: 1. Franchise Fee--The franchise fee specified in Article VI, Section 4.B (1) of the Franchise Agreement is hereby modified as specified in Attachment I to this Agreement to provide that quarterly payments of fran- chise fees will be made within ninety (90) days after the end of each quarter with adjustments at year-end for actual Gross Revenues. 2. Rate Regulation and Services--Grantee's Schedule of Rates and Services as set forth in Exhibit A to the Franchise Agreement is amended in its entirety as set forth in Attachment II to this Agreement. 3. Reimbursement to Commission--Within thirty (30) days after the effective date of this Amendment Agreement No. 2, Grantee shall pay the Quad Cities Cable Communications Commission for all costs incurred in the renegotiation of the Franchise Agreement, said payment shall not be construed as an advance on past or future franchise fees.