12-9-2024 CC Agenda Packet - Laserfiche WebLink

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232860v1 44 than thirty (30) days after the end of a given quarter shall be delinquent and shall immediately thereafter accrue interest at the same rate and under the same terms as late Franchise Fee payments as set forth in Section 7(1) of the Franchise. Enforcement of unpaid PEG Fees shall be handled in accordance with Section 9(7) of the Franchise, however, Grantee shall in all cases be subject to interest on any payment more than thirty (30) days after the end of a given quarter. (e) Within thirty (30) days after receipt of notice from the City, Grantee shall pay City up to Seventy-Five Thousand and no/100ths Dollars ($75,000.00) as a capital equipment grant ("Grant"). Said Grant may be payable in multiple draws over the course of the term as long as each draw is preceded by thirty (30) days written notice from the City and the aggregate amount of the Grant does not exceed Seventy-Five Thousand Dollars and no/l00ths ($75,000.00). Grantee shall recoup said Grant by retaining the PEG Fee until such time as the capital grant above is recouped. Upon such recoupment, Grantee shall notify the City and Grantee shall thereafter pay the entire PEG Fee payment to the City. (7) Service to Public Buildings. (a) Throughout the term of this Franchise Grantee shall provide, free of charge, one (1) service Drop, one outlet, one (1) Converter, if necessary and requested, and Basic Cable Service and the next highest penetrated level of Cable Service generally available to all Subscribers (as of the Effective Date referred to as Expanded Basic Cable Service) ("Complimentary Service"), to two sites which shall be listed on Exhibit F attached hereto and updated from time to time. City shall be responsible for the cost of internet services in the event they are required to receive Grantee’s services via Internet Protocol Television (IPTV). (b) The City or the building occupant shall have the right to extend Cable Service throughout the building to additional outlets without any fees imposed by Grantee for the provision of such service to such additional outlets except for the cost of additional terminal equipment required to receive the signals. (c) Notwithstanding anything to the contrary set forth in this section, Grantee shall not be required to provide Complimentary Service to such buildings unless it is technically feasible. (d) Grantee shall, in any public building hereinafter built, provide all Drop materials, design specifications and technical advice to provide service to a demark point at such building. If the Drop line to such building exceeds five hundred (500) feet the City or other agency shall pay the Actual Cost of such Drop in excess of five hundred (500) feet. (e) Two-way capability allowing for live transmission of PEG programming upstream to Grantee’s Headend shall be provided to the public buildings listed in Exhibit G at Grantee’s expense. 109