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Agenda Packets - 1985/09/16
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Agenda Packets - 1985/09/16
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Last modified
3/26/2025 11:04:26 AM
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3/26/2025 11:04:26 AM
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MV Commission Documents
Commission Name
City Council
Commission Doc Type
Agenda Packets
MEETINGDATE
9/16/1985
Description
Work Session
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4. Interest <br />Croup vs effective borrowing raLe for year ended December <br />31, 1984 was 11.4% per annum. <br />To the extent that advanrps arc used to finance cunstruction <br />of plant not yet in service, the interest applicable thereto <br />is capitalized as a cost element of plant and is not included <br />In interest in the Statement of Operations. In 1984, all <br />interest charged to the system was capitalized. <br />5. Parent company management charge <br />Group M's corporate office maintains, among others, the <br />following departments whose efforts are for the benefit of <br />its cable television systems: <br />Cable television headquarters <br />Purchasing <br />Engineering <br />Marketing <br />Legal <br />personnel <br />Accounting <br />Tax <br />Data processing <br />The cost of these activities are allocated to Aos±ville as <br />well as all oche group A cable television systems based on a <br />weighting of the number of cable television systems, the <br />number of cable television subscribers anJ the nombe� of <br />homes Passed. <br />
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