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5-'Lake Minnetonka Cable Communications Commission <br />443 OAK STREET • EXCELSIOR, MINNESOTA 55331 • (612) 474 5539 <br />' Vr <br />' !: <br />: <br />April 25, 1991 <br />Mayor Barbara Peterson <br />Orono City Council <br />City of Orono <br />Box 66 <br />Crystal Bay« HN 55323 <br />Dear Mayor Peterson: <br />At the April 8 seating of the Orono City Council« a report was <br />presented by Tie Pattrin, an Orono resident recently apppointed <br />to the Lake Minnetonka Cable Comsunications Comnlssion. As <br />adninistrator« I was pleased to see a director take such <br />interest in coseunicating cable issues to the city; however« <br />soee of the points made in the report are not supported by <br />faots« and it is important they be clarified for the record. <br />yhe report begins with a listing of figures drawn from the <br />February Just Claims report; however, the correct reference <br />figures should bet <br />Ending checking account balance A 110,622.76 <br />s and <br />Balance share account <br />Balance preferred account <br />CDs <br />TOTAL FUNDS <br />4,855.29 <br />1,320.32 <br />26,000.00 <br />20.000.00 <br />162,798.37 <br />As you know, the commission receives its annual revenues from <br />t;he cable operator once a year, and received the check for <br />897,173.81 in February, thus the high balance. And the <br />contribution to those revenues by subscribers in Orono was <br />819,200.81. (These figures and more data from the cable <br />operator were provided to you in the annual report by Triax <br />subeitted in February to each commissioner representing his/her <br />city council.) <br />The report notes Incorrectly, according to my records, the <br />breakdown of expenses for 1990. The correct figures are: <br />: <br />staff Salaries <br />General Operating Expenses <br />Speoiel Fund Allocations <br />Access/Studio Equipment Funds <br />45X <br />37* <br />10* <br />8*