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<br />, . <br /> <br /> <br />:1 <br /> <br />! <br />! I <br />I <br />, <br />I <br /> <br />" <br /> <br />, <br />:: <br /> <br />(k) Capital expenditures (actual and, if the situation so <br />warrants, projected) by Grantee in providing updated tech- <br /> <br />" <br />" <br /> <br />nology and service to subscribers; <br /> <br />(1) The e..~tent to which Grantee has then provided service to <br />schools, hospitals, libraries, publicly owned or leased <br />buildings and similar institutions within City; <br /> <br />(m) The extent to which Grantee has technologically upgraded the <br /> <br /> <br />System: <br /> <br />(n) Increased or decreased expenses incurred by Grantee in the <br /> <br />purchase of services: <br /> <br />(0) Group W's financial goals and the methodology to arrive at <br /> <br />such goals; <br />(p) Group W's operating margin, both actual for preceding years <br /> <br />\1 <br /> <br />and projected operating margins; and <br />(q) Such other factors as Cicy or Grantee may deem relevant. <br /> <br />ii <br /> <br />, , <br />, ' <br />;, <br />" <br /> <br />(3) The procedures to be followed in changing a Basic Service rate or <br />charge shall inclwe at least the following: <br /> <br />(a) Grantee shall give City and the North Suburban Cable <br /> <br />Communications Commission II written notice of any proposed <br />rate increase at least ninety (90) days prior to the proposed <br />effective date of the rate increase. Each rate increase <br /> <br />shall be deemed approved unless expressly disapproved by <br />resolution of Council of City according to the terms of this <br />Franchise withi, ninety (90) days after the notice has been <br /> <br />received as provided in this Franchise. <br /> <br />(b) The notice shall be supported by statistical and other proof <br /> <br />indicating that the existing rate or charge is inadequate and <br />unreasonable and that the proposed increases are required to <br />enable Grantee to render service to fulfill its obligations <br /> <br />under this Franchise and to derived a reasonable profit <br />therefrOOl. <br /> <br />(c) Upon written request of City or the North Suburban C3.ble <br /> <br />Communications Commission II. the notice shall include <br /> <br />current financial and other information with at least the <br /> <br />following: <br /> <br />1. Balance Sheet; <br /> <br />2. Incane Statement: <br /> <br />- 4 - <br />