11/27/1995 Council Packet - Laserfiche WebLink

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MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding is entered into this day of , 199.5, by and between the North Central Suburban Cable Communications Commission (hereinafter "Commission"), a joint powers commission consisting of the cities of Blaine, Centerville, Circle Pines, Lexington, Lino Lakes, Ham Lake, Spring Lake Park and Coon Rapids (hereinafter "Member Cities"), and Meredith/New Heritage Strategic Partners, L.P.; North Central Cable Communications Company; and Group W of the North Central Suburbs, Inc., d/b/a Meredith Cable (hereinafter "Meredith"), as to certain rate regulatory and other issues within the authority of the Commission, and by and between the Member Cities and Meredith as to issues solely within the authority of the Member Cities. Meredith is the operator of cable communications systems operating pursuant to franchises granted by the Member Cities ("Cable System"). The franchises granted by those cities to Meredith shall be hereinafter collectively referred to as the "Franchise". The Franchise is administered and enforced pursuant to a Joint and Cooperative Agreement (hereinafter "Agreement") creating Commission. The purpose of this Memorandum of Understanding (hereinafter "Memorandum") is to set forth certain understandings, stipulations and agreements between the Member Cities and Meredith with regard to the responsibility for and funding of public, educational, governmental, religious, and library programming ("PEG Programming"); and between Meredith and Commission with regard to Meredith's basic service rates and related equipment charges; provision by Meredith of "Universal PEG Service", certain Grants to be paid by Meredith to Commission; and treatment of "Profits" upon the sale or transfer of ownership of any part of Meredith's cable system sufficient to require Member Cities' approval pursuant to the Franchise. Commission is authorized by the Agreement and applicable state and federal laws and regulations to negotiate and make such contracts or agreements and take such other action as it deems necessary and appropriate to accomplish its purposes in administering and enforcing the Franchise. Any Franchise Ordinance amendments remain the exclusive authority of each Member City. The understandings, stipulations and agreements between the Member Cities and Meredith herein are in addition to and external to the Franchise and are as follows: PEG FUNDING AND RELATED OBLIGATIONS. Meredith shall remain, for the remainder of the current Franchise and any subsequent renewed franchise period [the sum total of which shall not to exceed fifteen (15) years without mutual agreement of both parties], responsible and obligated for the provision and funding of PEG 1