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3.6. SR 11-19-2007
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3.6. SR 11-19-2007
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1/21/2008 8:37:10 AM
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11/16/2007 10:48:32 AM
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11/19/2007
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in accordance with a writun oolicv which the Commi~i(ln may. from time to time. m^aify ac <br />. deemed necessary or ao ooriate In the event a Member issues an additional, comnaitive <br />franchix on or afrer the dace of this Agreemrnt the Member shall require that the additional <br />franchise regu~ the payment of Franchise Fees and other support oavments Isuch as PEG <br />Fees1 in an amount eguivalerlt [o that~aid ~k the cable com~v oceretine twrsuant to the <br />Members' franchises effective as of the date of this Agreement, and shall further reauirc that <br />Franchix Felts and other support paymenu made by anv~all Grantees are paid direal~to the <br />Commiuion in accordance with Section 3 above. <br />ttirtaaa <br />Section Z. The initial .budge of the Commission shall be formulael by the . ' <br />Commission and submitted to dte members within 120 days of the organi~iottal moetittg of the <br />Commission. The initial budge of the Commission shall be deemed approved by a Member <br />unless within 60 days of receipt of said initial budge a Member gives notice in vrritatg to the <br />Commission thaz it is withdrawing from the Commission A proposed budge for atry ensuing <br />calendar year shell be formulated by the Commission and submittal to the Member on or <br />• before August 1. Such budge shall be deemed approved by a Member unless, prior to October <br />1 S preceding the effective date of the proposal budget, the Member gives notice en wrking to <br />the Commission the h is withdrawing from the Commission. Final adian adopting a buds for <br />the ensuing calendar year shall be taken by the Commission on or before November 1 of each <br />year. <br />erg <br />Seaionk. Any Member may inspect and copy the Commission books and recotds at_..:' <br />any and all reasonable times. All books and records shall be kept in accordance with normal <br />and accepted accounting procedures and prixiples used by Minnesota Statutory Ciries. <br />XI. DURATION <br />• <br />
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