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233 <br /> <br />the City sent a letter to Grantee notifying Grantee that the <br />time period for the City's review of FCC~Form 393 would be <br />extended for an additional ninety (90) day period; and <br /> <br /> WHEREAS, on or about February 11, 1994 Grantee responded <br />to Moss & Barnett's preliminary rate regulation report; and <br /> <br /> WHEREAS, the City, in order to accomplish its review in a <br />timely manner, scheduled for its regular meeting date of April <br />4, 1994 sufficient time for the purpose of reviewing Grantee's <br />FCC Form 393 and related rate regulation information; and <br /> <br /> WHEREAS, ~the City conducted a meeting open to the public <br />on April 4, 1994 to ensure that~ai1 interested parties had <br />ample opportunity to present information to the City; and <br /> <br /> WHEREAS, based upon the City's April 4, 1994 meeting and <br />all reports an advice from Moss & Barnett and City Staff, the <br />City determined~to make the below listed Conclusions and <br />Orders for Action. <br /> <br /> NOW, THEREFORE, in a regular meeting of the Council <br />of the City of Charlottesville, Virginia dated April 4,1994 <br />the following is resolved: ' <br /> <br /> CONCLUSiOnS ~ <br /> <br /> 1. Grantee's request for cable rate approval for the <br />maximum permitted rate for the basic~service tier (exclusive <br />of any franchise fee) of $8.70 is approved. <br /> <br /> 2. 'Grantee,s maximum permitted hourly service charge of <br />$34.22 is approved. <br /> <br /> 3. The City has an obligation to timely act upon the <br />pending rate-application consistent with now current FCC rules <br />and regulations. However, if the FCC alters the benchmark <br />calculations resulting ina lower reasonable rate for <br />Charlottesville subscribers the City has an obligation to area <br />subscribers to reconsider the pending analysis consistent with <br />the changes the FCC may make,in its regulations. <br /> <br /> 4. Grantee shall only be allowed to include as external <br />costs, increases in franchise imposed obligations including <br />public, educational and governmental access channel costs, <br />which occur after November 10, 1993, the date on which <br />Grantee's system became subject to rate regulation. <br /> <br /> 5. The City hereby adopts and makes a~part of this <br />Resolution all documents referenced above. <br /> <br /> ORDERS FOR ~C~ION <br /> <br /> Based on the foregoing conclusions the CitY hereby enters <br />the following orders: <br /> <br /> 1. Pursuant to FCC regulations, from the date of this <br />order and until further order of ~the City, Grantee shall be <br />permitted to charge an initial rate for the basic service tier <br />of not more than $8.70. <br /> <br /> 2. Pursuant to FCC regulations, from the date of this <br />Order and until further Order of the City, Grantee shall be <br />permitted to charge an hourly service charge of not more than <br />$34.22. <br /> <br /> :3. Pursuant to FCC regulations, from the date of this <br />Order and-until further Order of the City, Grantee shall be <br />permitted to charge not more than the following monthly_ · <br />equipment rates: <br /> <br /> 1) Remote controls - $.20 <br /> 2) Converters - $2.50 <br /> <br /> <br />