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HomeMy WebLinkAboutOrdinances (O-84-530)-09/04/1984 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 ORDINANCE NO. 0-84-530 AN ORDINANCE AMENDING AND INCREASING THE RATES WHICH STORER CABLE TELEVISION OF TEXAS, INC., MAY CHARGE WITHIN THE CITY OF COLLEYVILLE. WHEREAS, Storer Cable Television of Texas, Inc. has requested a rate increase within the city limits of the City of Colleyville; and, WHEREAS, Section 11 of the Franchise Agreement between the City and Storer Cable Television of Texas, Inc. provides that during the five years immediately following the date service is first provided within the City that the rates charged by Storer Cable Television of Texas, Inc. shall not exceed 10 per cent of the rates authorized at the time of granting of the franchise; and, WHEREAS, the federal government has preempted the City's regula- tory power over premium channels such as Showtime, HBO, etc.; and, WHEREAS, Storer Cable Television of Texas, Inc. has significantly increased its rates for premium channels since the date of granting of the franchise; and, i WHEREAS, ! I the City Council of the City of Colleyvi1le finds that the rates set herein afford the operator a fair return upon the value of invested capital used and useful in rendering service within the City, less depreciation, taking into consideration increases in fees charged for premium channels over which the City has no control; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF COLLEYVILLE, TEXAS: Sec. 1. THAT Storer Cable Television of Texas, Inc. is hereby 19 authorized to charge the following rates within the city limits of the City of Col1eyvi1le, Texas: 20 21 22 23 24 25 26 Residential Aerial/Underground Installation Monthly Basic Subscriber Rates All installations are free within first 30 days' service is available $16.50/$27.50 $6.60 All installations below apply only if connection is made separate from first 1 ORDINANCE NO. 0-84-530 1 2 3 4 5 6 7 8 9 10 i! 11 ! iAND Ii 12 The of 13 The of 14 The day I 15 ; Ii 16 17 outlet: Additional Outlet $11.00 $1.65 FM $11.00 $1.65 Re1ocoation $11.00 N/A Reconnection $11.00 N/A Converter $11.00 $1.65 (1) (1) Set-top converter may be rented from the Company at $1.65 per month or deluxe remote-controlled converter may be rented from the company at $2.20 per month. Either of these converters, or a wireless remote controlled converter, can be purchased from the Company at our cost, thus eliminating monthly rental. IT IS SO ORDERED. E 7 ( day C)1i!ay 1 r f' public hearing being held on the , , 1984. se~r ding and public hearing being held on the , 1984. thirdvf~~gn.~~~ public hearing being held on the of ~, 1984. CITY OF COLLEYVILLE 18 iATTEST: 19 20 21 22 ~~~lZ:Leqality: Ross T. (os r, City Attorney 23 24 I: 25 26 2