Agenda Packets - 2017/09/25 - Laserfiche WebLink

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DISCUSSION Deal Point Summary The following is a high level deal point summary of the Comcast Cable Franchise under consideration. 1. Mutually agreeable Franchise. The current cable franchise was ultimately used as a base document. Incorporates prior agreements on renewal terms. o Gross Revenues Definition o Auditing Provisions o Electronic Programming Guide o Channel Placement 2. 10 year franchise term. 3. 5% Franchise Fee paid to each Member City. 4. Current PEG Grant Funding pursuant to 1994 MOU remains in place through December 31, 2017. Maintaining current funding through year-end will allow NSCC to budget for 2018 using the new PEG funding that starts in 2018. 5. Starting January 1, 2018, Comcast will pay a 3% PEG Capital Fee. • New NSAC PEG Sponsorship Agreement commences January 1, 2018. o Allows PEG funding to continue to be used for capital and operational purposes. o Agreed to simultaneously with Franchise. • Comcast allowed to recover a claimed PEG funding underrecovery through a .5% PEG Fee through December 31, 2019. • No change in PEG Fee in 2017 - capped at $6.00. • All subscribers should see their PEG Fee decrease starting in 2018, but the amount of the new PEG fee will fluctuate per subscriber depending on the amount of the cable television services purchased. 6. 6 SD PEG channels, plus 2 HD PEG channels. One additional HD PEG channel (3'd HD Channel) 60 months after the effective date. Comcast may simulcast all PEG channels in HD. • PEG Available to all subscribers regardless of tier of service. • No provision for Universal Service (reception of PEG channels only at no charge). • Electronic Programming Guide — per 2014 Settlement Agreement. • Channel Placement — close proximity to Broadcast Channels — like 2014 Settlement Agreement.