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-to the percent of : annual.,:reVenues of each Member to: the <br /> total annual revenues of.:.the -system for the .prior year <br /> multiplied by the Commission-' s..annual•-:budget: ' The. annual: <br /> budget shall establish .the.- contribution of ,each Member <br /> for the ensuing year': and : a- timetable for the payment of <br /> said 'contribution. The remainder of. any. franchise- fee <br /> paid to the Member -by the Grantee shall be used for cable <br /> related expenses. Prior .to the collection of . franchise <br /> fees .adequate to cover expenses,. the. Grant.ee, as a prepayment <br /> of- the fees, shall reimburse Members for all cable-related. <br /> expenditures incurred by Members and' the •Commission. <br /> The above-listed resolution was moved. by Council Member <br /> and duly -seconded by Council Member <br /> The. following Council Members voted in the affirmative: <br /> The following Council Members voted in the negative: <br /> The above resolution was duly adopted , <br /> 1987 . <br /> ATTEST: <br /> City Clerk Mayor a <br /> City Official <br /> -2- <br />