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HomeMy WebLinkAbout8706 - Cable Rate Increase• • • RESOLUTION NO. 8706 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH APPROVING A RATE INCREASE BY TELEPROMPTER OF NEWPORT BEACH IN THE MONTHLY FEE FOR CABLE ANTENNA TELEVISION SERVICE WHEREAS, on November 9, 1970, the City Council of the City of Newport Beach adopted Resolution No. 7303 estab- lishing a rate schedule for cable antenna television service; and WHEREAS, Teleprompter of Newport Beach has submitted a request for a Two Dollar ($2.00) rate increase in the monthly cable antenna television service fee; and WHEREAS, by Resolution No. 8643 adopted November 24, 1975, the City Council declared its intention to hold a public hearing, in accordance with Section 5.44.035 of the Newport Beach Municipal Code, to consider the request of Teleprompter of Newport Beach for an increase in the monthly fee for cable antenna television service; and WHEREAS, on February 23, 1976, a public hearing was held at which time it was determined that it was fair and equitable, and in the best interests of the subscribers and the public to grant the subject request for a rate increase in the monthly cable antenna television service fee from Six Dollars and Fifty Cents ($6.50) to Eight Dollars and Fifty Cents ($8.50). NOW, THEREFORE, BE IT RESOLVED that the Newport Beach City Council hereby approves a Two Dollars ($2.00) rate increase in the monthly fee for cable antenna television service from Six Dollars and Fifty Cents ($6.50) to Eight Dollars and Fifty -1- • • • Cents ($8.50) that Teleprompter of Newport Beach can charge its subscribers on condition that Teleprompter shall provide a minimum of five (5) to ten (10) hours per week of local community programing. ADOPTED this _ 23rd day of February , 1976. ATTEST: J Acting City Cl k �FIE AS O- JOiElt1S A - -- ------ -F . -... CITY CLERK OF THE CITY O" Nip GRr Eu1CM DATE, & -z-6 /9 7 G DDO /bc 2/24/76