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TC Resolution 19-10 Approving a Request for Allocation of PEG FundsTOWN OF AVON, COLORADO RESOLUTION NO. 19-10 SERIES OF 2019 A RESOLUTION TO APPROVE A REQUEST FOR ALLOCATION OF PEG FUNDS WHEREAS, the Town of Avon's Franchise Agreement with Comcast dated September 8, 2016 provides that Comcast shall collect from subscribers a monthly fee of fifty cents ($0.50) as capital support for PEG access; and WHEREAS, the Town of Avon estimates it will receive approximately $9,000 in PEG fees from cable subscribers in 2019; and WHEREAS, a request has been made to the Town of Avon from the local public access television station High Five Access Media, for an allocation of such funds in the amount of $9,000 for video production equipment, which is an appropriate purpose as set forth in the Town's cable franchise agreement; and WHEREAS, funds have been appropriated in the 2019 General Fund budget for such a request. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF AVON, COLORADO: Section 1. That the attached request for allocation of $9,000 of PEG funds is hereby approved. ADOPTED this 14th day of May, 2019. AVON TOWN COUNCIL By: Sarah Smith Hymes, M t r Attest: Brenda Torres, Town I'lerii