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05-04-1998 WS
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05-04-1998 WS
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Last modified
1/28/2025 4:47:46 PM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
5/4/1998
Supplemental fields
City Council Document Type
City Council Packets
Date
5/4/1998
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of such action by the Commission. <br /> • E - 3. Meredith Cable proposes that the PEG support components of the Memorandum of <br /> Understanding remain intact. Rather than the PEG support fee set forth in the May 13, <br /> 1997 original proposal , Meredith proposes a PEG fee based on the following: a new <br /> commitment to provide the Commission a total of$667,286 for the franchise term for <br /> acquisition of new equipment as follows and to be assessed as part of the PEG Fee; the <br /> $50,000 Equipment Replacement Grant, per the MOU; the appropriate amount for the <br /> Operating Grant, per the MOU; the appropriate amount for Universal Service, per the <br /> MOU; and the appropriate amount for the Scholarship Grant (which may be used for other <br /> purposes at the Commission's discretion), per the MOU: <br /> New Equipment Acquisition Grants <br /> Year Amount <br /> 1 $ 40,000 <br /> 2 $ 40,600 <br /> 3 $ 41,209 <br /> 4 $ 41, 827 <br /> 5 $ 42,455 <br /> 6 $ 43,091 <br /> 7 $ 43,738 <br /> 8 $ 44,394 <br /> 9 $ 45,060 <br /> 10 $ 45,736 <br /> 11 $ 46,422 <br /> 12 $ 47,118 <br /> 13 $ 47,825 <br /> 14 $ 48,542 <br /> 15 $ 49,270 <br /> • E - 4. Should Meredith Cable request the relocation of the CTV studio, Meredith agrees <br /> that the current agreements governing CTV relocation will remain intact. Meredith does <br /> not waive any rights it may have with respect to the ability to recover any such costs <br /> should a move occur. <br /> 8 <br />
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