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JL11_-25- 9 5 TUE 2 1 : 1 2 t•ICSCCC P- Ey2 <br />MEMORANDUM OF. UNDERSTANDING <br />This Memorandum of Understanding is entered into this day of , 1995, by <br />and between the North Central Suburban Cable Communications Commission (hereinafter <br />"Commission"), ajoint powers commission consisting of the cities of Blaine, Centerville, Circle <br />Pines, Lexington, Lino Lakes, Bari Lake, Spring Lake Park and Coon Rapids (hereinafter <br />"Member Cities"), and MereditWNew Heritage Strategic Partners, L.P.; North Central Cable <br />Communications Commission; and Group W of the North Suburbs, Inc., d/b/a Meredith Cable <br />(hereinafter *Meredith"). <br />Meredith is the operator of cable communications systems operating pursuant to franchises <br />granted by the Member Cities ("Cable System"). The franchises granted by those cities to <br />Meredith shall be hereinafter collectively referred to as the "Franchise". The Franchise is <br />administered and enforced pursuant to a Joint and Cooperative Agreement (hereinafter <br />*Agreement") creating Commission. <br />The purpose of this Memorandum of Understanding (hereinafter "Memorandum") is to <br />set forth certain understandings, stipulations and agreements between Commission and Meredith <br />with regard to the transfer of responsibility and funding for public, educational, governmental, <br />religious, and library programming ("PEG Programming") Meredith's basic service rates and <br />related equipment charges; provision by Meredith of "Universal PEG Service", certain Grants <br />to be paid by Meredith to Commission; treatment of "Profits" upon the sate or transfer of <br />ownership of any part of Meredith's cable system sufficient to require Member Cities' approval <br />pursuant to the Franchise; and deletion of certain Franchise obligations. <br />On behalf of the Member Cities, Commission is authorized by Resolution of the Member <br />Cities, the Agreement, the Franchise and applicable state and federal laws and regulations is <br />authorized to negotiate and make such contracts or agreements and take such other action as it <br />deems necessary and appropriate to accomplish its purposes in administering and enforcing the <br />Franchise. All necessary Franchise Ordinance amendments remain the exclusive authority of <br />each Member City. <br />The understandings, stipulations and agreements between Commission and Meredith <br />herein are in addition to and external to the Franchise and are as follows: <br />1. Eel TRANSFER <br />Pursuant to definitive agreement to be completed and executed by all parties and the <br />adoption of all necessary Franchise Ordinance amendments by each of the Member Cities no <br />later than January 1, 1996. Meredith shall transfer all responsibility for and funding as set forth <br />below related to PEG Programming to the Commission, or its designee ("Transfer"), subject to <br />the following terms and conditions: <br />5/25/9! 2:24pi <br />1 <br />