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HomeMy WebLinkAboutCC Reso No 1985-36RESOLUTION N0. 55-36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, AUTHORIZING A RATE INCREASE FOR KING VIDEOCABLE COMPANY. WHEREAS, recent Federal legislation allows a five percent (5) ; annual rate increase with no governing body approval, to compensate for increases in normal operating costs associated with the cable television business; and WHEREAS, King Videocable will be severely impacted on July 1, 1985, by a five-hundred percent (500%) rate increase from ESPN - the twenty-four (24) hour sports channel; and WHEREAS, in order for King VideoEable to continue offering the very popular ESPN channel, it will be necessary to raise rates an additional two percent (2%) to cover their increased costs. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Lake Elsinore approves the following rate schedule: Basic Monthly Service - $10.45 (5% Increase) With ESPN - $10.65 (2% Additional Increase) BE IT FURTHER RESOLVED that the above scheduled rates will become effective July 1, 1985. PASSED, APPRO~ED AND ADOPTED this llth day of June, 1985, upon the following vote: AYES: COUNCILMEMBERS: KNIGHT, MATSON, STRIGOTTE, VERMILLION, VALENZUELA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ABSTENTTONS: COUNCILMEMBERS: NONE ARTAL~LA, MA ~"~ CITY OF LAKE ELSI E ATTEST: 0 J nn Money, City lerk A proved qs To Form: J` ohn'Harper, Cit ttorney STATE OF CALIFORNIA ) ) ss. COUNTY OF RIVERSIDE ) I, Jo Ann Money City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the foregoing resolution was duly adopted by the City Council of the City of Lake Elsinore at a regular meeting of said Council on the llth day of June, 1985 , and that it was so adopted by the following vote: AYES: COUNCILMEMBERS: KNIGHT, MATSON, STRIGOTTE, VERMILLION, VALENZUELA NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE ~ ANN MONEY, CITY CLERK TY OF LAKE ELSINORE (SEAL) STATE OF CALIFORNIA ) ) ss. COUNTY OF RIVERSIDE ) I Jo Ann Money, City Clerk of the City of Lake Elsinore, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. 85-36 , of said Council, and that the same has not been amended or repealed. DATED: June 12, 1985 ~~vwc_ ' J ANN MONEY, CITY CLERK Y OF LAKE ELSTNORE (SEAL)