HomeMy WebLinkAboutResolution 1853 Y �
d Clty o� ORONO
• � RESOLUTION OF THE CITY COUNCIL
� � NO. 1853
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CITY OF ORONO
COUNTY OF HENNEPIN
STATE OF MINNESOTA
RESOLUTION APPROVING THE 1986 BUDGET EOR THE
LARE MINNETONKA CABL$ COI�IUNICATIONS COMMISSION
WHEREAS, the Lake Minnetonka Cable Communications
Commission (hereinafter "Commission") has granted a cable �
communications franchise ordinance to Dow-Sat of Minnesota, a
Minnesota corporation:
WH$R$AS, the Commission was issued a Regular Certificate
of Confirmation by the Minnesota Cable Commission Board relative
to the Cable Communications Franchise;
WHEREAS , the City of Orono ("City") is an existing
member of the Commission; �
WHERgAS, said joint and cooperative effort is authorized
• by Minnesota Statutes Section 238.08, Subd. 5;
WHERSAS, the existing joint powers agreement provides
that the member cities of Commission shall review and approve the
Commission budget;
�WHEREAS, the City has reviewed the 1986 budget of the
Commission and believes it to be proper;
NOW, TH$R$FORS, be it resolved, that the City Council of
the City of Orono approves the 1986 budget of the Lake Minnetonka
Cable Communications Commission.
The above listed resolution was moved by Council Member
Acting Mayor Frahm and duly seconded by
Council Member Grabek .
The following C�ouncil Members voted in the affirmative:
Acting Mayor,Frahm, Councilmembers Grabek and Hammerel
The following Council Members voted in the negative:
none
The, above resolution was duly adopted September 9, 1985.
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ATTE �T: � Mary C. But er, Mayor
Tom Frahm, Acting Mayor
�
Dorothv. M. allin. Citv Clerk
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LAi:E MINNETONKA
� CABLE COMMUNICATIONS COMMISSION
BUDGET 1986
Approved August 20 , 1985
1985 1986
INCOMEl BUDGET FORECAST BUDGET
Dow-Sat $ 8 ,000 $ $46 ,000
Miscellaneous - 500 700
. TOTAL $ 8,040 $ 500 $46 , 700
EXPENSE
Cable Administrator $10,000 . .: $ 5, 000 $11, 000
Legal Fees 10, 000 5 ,500 6 ,500
Conferences/Schools 8, 000 1, 500 8 ,000
Financial Audit Fees 2, 000 500 1,000
Technical Audit Fees 2 ,000 1,500 2,000
• Insurance/Bonds 1, 000 500 2 ,500
Office Equipment 500 1,000
Secretarial Service 1,000 300 1,000
Assn. Dues & Bank Charges �, 100 1,100 1, 100
Telephone/Repro/Postage 500 700 900
Miscellaneous - 200 500
TOTAL $35, 600 $17 ,300 $35,500
;
NET ($27,600) ($16 , 800) '$11,200
CUMULATIVE . ($ 5, 600)
1
Excludes franchise expense refunded by Dow-Sat
to Cities.
2
1986 Income conservatively estimated-- (5$ of potentially
� $920 ,000 1985 Dow-Sat billings reflected as $46 ,000 1986 income) .