Loading...
Res 2912 11/17/1981RESOLUTION NO. RESOLUTION ASSUMING RATE MODIFICATION AUTHORITY OVER CABLE TELEVISION. WHEREAS, Section 22 of Ordinance No. 3305, which granted a franchise to Vista Cablevision, Inc. to operate a cable television system within the City, provides that the rates specified in Section 21 of such Ordinance shall be in effect for a minimum period of two years from the date of providing initial service, and thereafter the company may establish rates from time to time by filing with the City Manager a schedule of rates 30 days prior to their implementation; and, WHEREAS, Section 22 of such ordinance further provides that, between September 1 and November 30 of the years 1981, 1984 , 1987 and 1990, and each three years thereafter, the Board of Aldermen shall determine whether it will assume rate modification authority, whereby any proposed change in rates would have to be approved by the Board of Aldermen; and, WHEREAS , the Board of Aldermen finds that, at this time, the cable television company is a monopoly, there is no competition which will force the company to charge reasonablePYg rates, and there is a need for governmental regulation of such rates. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF ALDERMEN OF THE CITY OF WICHITA FALLS, TEXAS, THAT: The Board of Aldermen hereby determines that it will assume rate modification authority over cable television service at this time. For the next three years such rates shall be subject to modification only by the Board of Aldermen and only in accordance with the procedures set out in Section 22 , Subsection (c) of Ordinance No. 3305. This matter will again be considered between September 1 and November 30, 1984 . PASSED AND APPROVED this the 17th day of November, 1981. rcard.'1000e er4&171.C.W. R ATTEST: LCD 1) ? i :../; 1'I l / City Clerk