HomeMy WebLinkAboutResolution 161-2013 Resolution No.161-13
Resolution Accepting Cable Television Public,
Education and Government("PEG") Grant
Be It Resolved by the City Council of the City of Brookings, South Dakota as follows:
Whereas, in accordance with Section 12(2) Government Access (d) Origination Points,the City
of Brookings and Mediacom Minnesota LLC ("Mediacom") agree that Mediacom Minnesota LLC
will provide a "PEG" Grant for government access-related equipment pursuant to Section 12(2)
of the Franchise Ordinance and the following terms;
(a) PEG Grant. Mediacom will provide a capital grant to the City for use solely in support
of access-related equipment needs in the amount of Seventy Thousand Dollars
($70,000). The PEG Grant shall be payable within ninety (90) days of the Effective Date
of the Franchise Ordinance.
(b) PEG Fee. Within ninety (90) days of the Effective Date of the Franchise Agreement,
Mediacom shall begin collecting Twenty Cents ($.20) per Subscriber, per month as a
"PEG Fee." Mediacom shall retain this PEG Fee for a period of up to ten (10)years from
the Effective Date of the Franchise Agreement or until Mediacom retains an amount
equal to the PEG Grant,whichever occurs first.
(c) Not Franchise Fees. Subject to the City's compliance with applicable law regarding
the use of this PEG Grant, the PEG Grant shall not be deemed to be a Franchise Fee, and
Mediacom will not offset or reduce payment of past, present or future Franchise Fees
required as a result of payment of this PEG Grant to the extent permitted by applicable
laws.
Now Therefore, It Is Hereby Resolved by the City Council that the above-described Cable
Television Public, Education and Government ("PEG") Grant is accepted by the City of
Brookings, South Dakota, subject to the requirements set forth herein.
Passed and approved on the 17th day of December, 2013.
CITY OF BROOKINGS
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Tim Reed, Mayor
Shari Thornes, City Clerk