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07-27-1992 CC
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07-27-1992 CC
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7/17/2018 6:55:44 AM
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MV City Council
City Council Document Type
City Council Packets
Date
7/27/1992
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RESOLUTION NO. 4263 <br /> PAGE FOUR OF EIGHT <br /> b. North Central and the Commission <br /> shall have agreed to waive any and <br /> all alleged or existing claims for <br /> overpayment of franchise fees <br /> attributable to sales tax and/or <br /> underpayment of franchise fees as <br /> delineated in the Commission's audit <br /> of the gross revenues of North <br /> Central. North Central shall have <br /> agreed and City hereby agrees to <br /> negotiate mutually acceptable <br /> language to amend the Franchise <br /> definition to "Gross Revenues" to <br /> more adequately reflect the current <br /> practices of North Central in the <br /> calculation and payment of Franchise <br /> Fees. <br /> c. The City hereby waives the Franchise <br /> requirement that the emergency <br /> override system also override audio <br /> on the FM service provided to <br /> subscribers. <br /> d. The City hereby waives any Franchise <br /> requirement that short wave signals <br /> be carried on the FM band. <br /> e. The City hereby agrees to hold in <br /> abeyance the issue of the provision <br /> of status monitoring equipment by <br /> North Central, and agrees not to <br /> enforce the Franchise requirement <br /> for the remaining term of the <br /> Franchise, with the understanding <br /> • <br /> be a subject for negotiation upon <br /> any request for renewal of the <br /> Franchise. <br /> f. North Central shall have agreed to <br /> amend the existing Franchise to <br /> conform to this Resolution and the <br /> terms of this sale and transfer of <br /> control. <br />
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