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LMCCC MINUTES <br />October 18, 1988 <br />Page 2 <br />Administrator Hansen reported to the Commission that she has not <br />received a copy of the financial statement from January 1- <br />May 31, 1988 the Monthly Sales Summary report from January 1- <br />May 31, 1988 and Management Reports from Dowden which she <br />requested for the Financial Review. She did receive a phone <br />call from Dowden stating that she should come to their Atlanta <br />office and pick the materials up. Mary Smith stated that she <br />has summary reports, they are state wide and the revenues are <br />not separated. Smith also has the management reports but they <br />are not broken down by communities. Hansen questioned Smith on <br />the premium discount, why did it increase at such a high <br />percentage. Smith stated that this increase was high because of <br />prior rate card changes that were corporate wide and low <br />installation costs to the subscribers. Smith will supply Hansen <br />with some of the materials we need for the Financial Review, but <br />does not have access to Dowden's Financial Statements for the <br />requested time period. <br />C. TRIAX <br />Mary Smith handed out her monthly report: <br />Connects: 167, Disconnects: 87 for a net gain of 80. <br />Total ending subscribers for LMCCC is 4,915. <br />Construction in Hamel has not begun due to trunk cable and <br />feeder line being on backorder. The Hamel project will more <br />than likely be delayed until spring; if this is the case, Hamel <br />will be first on schedule in spring. <br />IV. ADJOURNMENT <br />MOTION 10.18.88.5: Olds moved, seconded by Hughes -Seamans, to <br />adjourn the October 18, 1988 at 5:40 p.m. Motion carried <br />unanimously. <br />RESPECTFULLY SUBMITTED, <br />Shelly Quaas <br />