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<br />-., <br /> <br />~ <br /> <br />RESOLUTION NO. 87-52 <br /> <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br /> <br />RESOLUTION RECEIVING CABLE FRANCHISE FEE AND AUTHORIZING <br />PAYMENT OF COMMISSION OPERATING COSTS <br /> <br />Whereas, the City is a member of the local Cable Commission; <br /> <br />Whereas, as part of this Commission the City is eligible for <br />receipt of a franchise fee; <br /> <br />Whereas, the amount of the franchise fee for 1986 is of two parts: <br /> <br />1986 revenue <br />1985 retainage <br /> <br />$32710.36 <br />498.81 <br /> <br />TOTAL REVENUE <br /> <br />$33209.17 <br /> <br />Whereas, this franchise fee is set at 5% of gross income for <br />cable services; <br /> <br />Whereas, as a member of this Commission the City is required to <br />pay its portion of operating costs; <br /> <br />Whereas, the City's portion of operating costs if $10,779.40 <br />for 1987; <br /> <br />Now, therefore be it resolved that: <br /> <br />1. The cable revenue is hereby received by the City. <br /> <br />2. The 1987 operating costs of $10,779.40 shall be <br />paid from the 1987 Budget of the Mayor and Council. <br />A budget change shall be made for this purpose to <br />101-41110-3360. <br /> <br />Adopted this <br /> <br />12th <br /> <br />day of <br /> <br />Mav <br /> <br />r 1<)87 .: <br /> <br /> <br />