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HomeMy WebLinkAbout1972-11-03; Community Television Foundation; MinutesMINUTES OF CABLE TV MEETING DATE: Friday, November 3, 1972 TIME: 3:00 p.m. PLACE: Engineering Conference Room PRESENT: Chairman Jerome Pieti, Julie Almack representing Georgina Cole, Dr. Howard Harmon, Hunter Cook and James King. GUESTS: Representatives from Foote, Cone and Belding and Times-Mirror. DISCUSSION. Term of Franchise: Mr. Franklin, Foote, Fifteen year franchise preferred due to replace- Cone & Belding ment costs and new technological developments. Mr. Young, Times- Ten year franchise with a renewal period or a Mirror fifteen year franchise. Costs to Wire City for Cable TV: Mr. Franklin From $8,000 to $22,000 per mile - underground From $4,000 to $ 8,000 per mile - aerial. Additional Costs: Mr. Franklin Preventative maintenance costs more costly than customer complaint calls. It was generally agreed 3-5 yearsof operation would be necessary for a franchisee to break even on operating expenses. Fees : Subscriber Fee Based on operating expense, capital costs and potential number of subscribers. Average today: $5.50 per month. Franchise Fee Could be increased as new services are added to system. Interconnectability: No possibility of hardware interconnectabi1ity ; however, interconnectabi1ity via microwave is possible and the "desirability" of this inter- connectability could be stated in ordinance. Schedule: Enabling Ordinance to City Council - December 5,1972 Chairman Pieti: Agenda Bill to City Council - December 19, 1972 Meeting adjourned 4:35 p.m. rf