Supporting Documentation - Laserfiche WebLink

Home Browse Search

0 CATV Page 10 • No public utility o, -,ned by the City shall be sold, leased, or otherwise transferred unless authorized by the affirmative votes of Ewo- thirds of the electors voting on such proposition at a general or special election at which such proposition is submitted." CATV Survey. The ordinances of seventeen California cities have been obtained and summarized as shown on the attachment. The majority of the franchises required that the grantee carry liability insurance to protect itself or the city or both from death, personal injury, and property damage claims growing out of the installation, maintenance, or operation of the CATV system. No coverage to $1,000,000 coverage was required for injury to one person, with $300,000 being the more common figure. No coverage to $1,000,000 coverage was required for injury to more than one person or more than one accident, with $500,000 being the more common figure. No coverage to $100,000 coverage was required for property damage, with $50,000 being the more common figure. All of the cities required faithful performance bonds running to the City. The amount ranged from a low of $1,000 to a high of $500,000 with $50,000 being the more common figure. The franchise fee ranged from a low of 1/ total gross receipts to a high of 5.5 The City of Delano, California has issued a franchise based by scale of payments %•;hick escalates on added increments of gross annual revenue in excess of $75,000 per year. The scale is as follows: Gross Annual Receipts Percentage Payment to City $75,000 5/ Next $25,000 10/ Next $25,000 15/ Next $25 000 20/ Over $150,000 25% Palm Springs is the only city in the survey which issued an exclusive franchise. The duration of the franchises range from 10 years to a maximum of 50 years with 20 years being the more common. G. David Tayco Assistant to the City Manager