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1 <br />COUNCIL MEETING MARCH 23, 1987 <br />vote' For purposes of this section, the number of <br />subscribers shall be those actual subscribers on <br />December 31 of each year determined by the records <br />of subscribers of the cable operator. Prior to the <br />first Commission meeting of each year, the Secretory <br />of the Commission shall determine the actual number <br />of subscribers of each Member and certify the results <br />to the Chair' <br />2. Article X, Section 3 is amended in its entirety as <br />follows: <br />Section 3' The financial contributions of the Members <br />in support of the Commission shall be in direct pro- <br />portion to the percent of annual subscriber revenues of <br />each Member to the total annual revenues of the system <br />multiplied by the Commission's annual budget. The <br />annual budget shall establish the contribution of each <br />Member for the ensuing year and a timetable for the <br />payment of said contribution. The remainder of any franch- <br />ise fee paid to the Member by Grantee Shall be used for • <br />cable-related expenses. Prior to the collection of <br />franchise fees adequate to cover expenses, the Grantee, as a <br />prepayment of the fees, shall reimburse Members for all <br />cable-related expenditures incurred by Members and the <br />Commission' <br />The above-listed resolution was moved by Council Member Marier and <br />duly seconded by Council Member Reinert' <br />The following Council Members voted in the affirmative: 8isel, <br />8nhjanen, Benson, Mnrier, Reinert' <br />The following Council Members voted in the negative: None. <br />Adopted by the Lino Lakes City Council this 23rd day of March, 1987' <br />ATTEST: <br />` <br />��', <br />Mar:lyr G.. Anderson, Clerk-Treasurer <br />Randall B. Schumacher, Administrator <br />Page 3 <br />enjam'/ G. Benson, Mayor <br />