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HomeMy WebLinkAbout84-11-2609193 ORDINANCE NO. 84-1f-2609 AN ORDINANCE APPROVING THE -AMENDMENT OF THE FRANCHISE.AGREEMENT BETWEEN THE CITY.OF PADUCAH AND COMCAST CABLE OF PADUCAH, INC. WHEREAS, the City and Comcast Cable of Paducah, Inc., entered into a Franchise Agreement on April 4, 1975; and WHEREAS, it is the mutual desire of the City and Comcast to now amend said.'Franchise Agreement.` BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That an amendment of the Franchise Agreement between the City and - Comcast Cable of Paducah, Inc. be entered into, said agreement to the Franchise Agreement shall contain the following terms and conditions: 1. Comcast will be permitted to adjust subscriber rates effective November 2, 1984, as follows: a. Monthly rate for first TV/radio outlet from $7.95 to $8.45 b. Monthly rental of 36 channel set top converter from $1.50 to $2.00. (Corded remote converters to remain at $3.00 per month rental and cordless remote converters to remain at $5.00 per month.) c. Monthly rate for each additional TV/radio outlet from $2.00 to $2.50 2. Comcast will add the ACTS Network to the basic service effective November 1, 1984 3. Comcast will pay to the City of Paducah a Franchise Fee based on 5% of both basic and pay service receipts derived from the subscribers within the city limits of Paducah (effective November 1, 1984) 4. Of the Franchise Fees paid by Comcast to the City of Paducah, a minimum of Twenty Thousand Dollars ($20,000.00) per year (beginning in 1985) will be paid to Paducah Community College for operating the public access channel, thereby releasing Comcast of its franchise requirement to pay a.minimum of $20,000.00 per year to Paducah Community College for access programming. Responsibility for the operation of the public.access channel will remain with Comcast. SECTION 2. That the Corporation Counsel.shall approve ail -amendments to said amendments to the Franchise Agreement. SECTION 3. This ordinance shall be read on two separate days and will be effective upon publication of title and a certified summary thereof. JOE VITERISI Mayor Introduced by the Board of Commissioners October 9, 1984 `✓1ev - /3 Passed by the Board of Commissioners 8ct-oher-^z , 1984 Recorded by Lenita Smith, City Clerk,��4ry, 1984 Published by The Paducah Sun November 19, 1984.