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TC Res. No. 2015-12 Approve a request for allocation of PEG FundsTOWN OF AVON, COLORADO RESOLUTION NO. 15 -12 SERIES OF 2015 A RESOLUTION TO APPROVE A REQUEST FOR ALLOCATION OF PEG FUNDS WHEREAS, The Town Council of the Town of Avon anticipates collecting PEG fees from cable subscribers during the 2015 and 2016 budget years in the estimated amount of $10,000 for each year; and WHEREAS, a request has been made to the Town of Avon from the local public access television station, Public Access 5, for an allocation of such funds in the amount of $20,000 for video production equipment, which are appropriate purposes as set forth in the Town's cable franchise agreement. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. That the attached request for allocation of $20,000 of PEG funds is hereby approved. Section 2. That an appropriation in the amount of $20,000 will be included in the adoption of the 2016 Town of Avon proposed budget. ADOPTED this 28th day of July, 2015. AVON TOWN COUNCIL By: Je-'Anie Fancher, Mayor Attest: p o y� LDop- Debbie Hoppe, Town Clerk