Wednesday, September 26, 2018

Live reporting: Public Hearing



6. HEARINGS
7:10 PM - Resolution 18-51 Cable Television License Renewal.
7. LICENSE TRANSACTIONS
motion to open the hearing, seconded, passed 9-0

John Harrington, attorney for Verizon

used to be 10 year license, this time a 5 year term
do get HD for public access
Approx $60K for capital investment
mostly like the current license


fully paid capital and other monetary requirements from old contract during the interim period

Q - What can we do to keep the pricing going up?
A - subscriber fee reduced from $1.80 to 1.01
competition among the programming and other providers is fierce

at least there is a choice in Franklin, in most communities you don't get a choice

increased the capital grant in lieu of the shorter term

I read the same things you do, 5G is a future but tough to predict when Verizon will get there, will require local agreements

deal we have is better than other communities has gotten

it was a spirited negotiation, and I thank you for your participation
8. PRESENTATIONS/DISCUSSIONS
Franklin Elks Lodge

fund raiser for the Veterans Walkway
$2,136
great pleasure to present to Town to keep construction going for the walkway

dig on Thursday, granite next week

9. SUBCOMMITTEE REPORTS
a. Capital Budget Subcommittee
nothing tonight

b. Budget Subcommittee
meeting before this one, another one Jan/Feb; used 1.5 for balencing and put about 800K back into

c. Economic Development Subcommittee
nothing tonight



No comments:

Post a Comment