Ordinance 3952 - Laserfiche WebLink

4. • BELL, INGRAM & SMITH LEWIS A.BELL ATTORNEYS AT LAW TELEPHONE WIL.IAM F.INGRAM ALPINE 9-4124 NEWELL SM 1H 314-316 FIRST NATIONAL BANK BUILDING ALPINE 9-4125 EVERETT,WASHINGTON April 3, 1963 Leslie Cooper City Attorney Realty Bldg. Everett, Washington Re : T.V. Cable Franchise Dear Mr . Cooper : This is to advise you in order that you might inform the City Commissioners, that T .V. Cable is willing to accept a renewal of its present franchise on the basis that it will be given a franchise as published with the following amendments and exceptions, to-wit : 1 . That the term of years of the franchise be limited to ten ( 10) ; 2. That the compensation to be paid under Section 8 of the franchise be increased from 2% to 3%; 3. That said compensation be payable quarterly by T .V . Cable without prior billings by the City of Everett; 4. That the following paragraph be added to Section 8 of the published franchise Ordinance: " It is further agreed that grantor may reopen for negotiation the question of increase of grantor ' s compensation hereunder, provided: That such reopening be communicated to grantee in writing at least sixty (60) days prior to the third, sixth and ninth anniversary dates of this franchise, or else be deemed waived; that no increase shall be demanded of the grantee by the grantor that is unreasonable in comparison to similar franchise charges levied by cities in the State of Washington upon television cable companies similarly situated as is the grantee herein; in the event grantee deems grantor ' s demand for increase of compensation to be unreasonable, it may test the reasonableness thereof to the same extent and in the same manner as is provided to grantee in Section 6 hereof.'