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CC PACKET 08081989
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CC PACKET 08081989
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Last modified
12/30/2015 4:38:30 PM
Creation date
12/30/2015 4:38:17 PM
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SP Box #
18
SP Folder Name
CC PACKETS 1987-1989
SP Name
CC PACKET 08081989
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i <br /> I <br /> 1 <br /> 2. Revenue Franchise Fee Audit of the North Central -Cable <br /> Communications Corporation <br /> o Six- metropolitan systems to simultaneously audit <br /> company <br /> Burnsville/Eagan Cable <br /> - Columbia Heights/Hilltop Cable <br /> - North Central Suburban Cable <br /> - North Suburban Cable Commission - <br /> - Quad Cities Cable <br /> - Ramsey/Washington Suburban Counties <br /> o Determine and verify whether the franchise fees paid` <br /> by NCCCC are in compliance with the terms of the <br /> Parties franchise agreements. <br /> o Identify all sources of revenue earned by Cable TV- <br /> North Central . <br /> o Verify- that -the accounting methodology used by the <br /> company is accurately calculating the gross receipts F <br /> and making the proper adjustments to insure that <br /> franchise frees received by the commissions are true <br /> and correct and in accordance with the franchise <br /> agreement. <br /> 3. 1989 Franchise Fee <br /> o Income from franchise fee is expected to rise 23 <br /> percent- over the 1988 fee the village received. <br /> ($17, 126.44) . The 1989 fee is estimated to be <br /> $21,039 .27. <br /> o Contribution to the commission for the 1990 budget is <br /> estimated at .$7, 386 . 75, an increase of 5 percent over <br /> the 1988 budget . <br /> 4. Cable usage in' St. Anthony <br /> o Total of 1110 basic connects in Village <br /> o Penetration rate of 34 . 6 percent is below the North <br /> Suburban area average of 39 . 99 percent. <br />
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