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HomeMy WebLinkAboutItem #72 - First Reading OrdinanceORDINANCE No. AN ORDINANCE AMENDING CITY OF MIAMI CABLE TELEVISION LICENSE ORDINANCE No. 9332 BY PROVIDING FOR THE DELETION OF SECTIONS 402 tu4u 4�.3 DEALING WITH THE ESTABLISHMENT OF THE COMMUNITY ACCESS CORPORATION AND SUPPORT THEREFOR; FURTHER PROVIDING FOR THE DELETION OF SECTION 404(b) DEALING WITH THE SUBMISSION AND APPROVAL OF A PLAN BY THE LICENSEE WITH RESPECT TO THE DOLLAR COMMITMENT FOR SUPPORT vF LOCAL ORIGINATION PROGRAMMING; FURTHER AMENDING SECTION 901(a) OF SAID ORDINANCE BY DELETING THE REQUIREMENT FOR FEE WAIVERS; FURTHER AMENDING SECTION 901(b) BY PROVIDING A NEW PROVISION FOR COMPENSATION TO THE LICENSEE FOR THE TIME VALUE OF MONEY FOR PREPAID LICENSE FEES; FURTHER AMENDING SECTION 902(a) BY DELETING THE WORD "MINIMUM" AS PERTAINS TO PREPAID QUARTERLY LICENSE FEES; FURTHER AMENDING SECTION 1001 DEALING • WITH THE REDUCTION OF THE SECURITY FUND TO $1 MILLION AT THE BEGINNING OF THE SIXTH YEAR i AND SUBSTITUTING THEREFOR A NEW PROVISION DEALING WITH REDUCTION OF THE SECURITY FUND TO $1 MILLION UPON FULL COMPLETION OF CONSTRUCTION OF THE CABLE SYSTEM AND DEALING WITH COMPLIANCE WITH SPECIFICATIONS TO BE CONFIRMED BY A SYSTEM PROOF -OF -PERFORMANCE CONDUCTED BY AN INDEPENDENT ENGINEERING FIRM; CONTAINING A REPEALER PROVISION AND SEVERABILITY CLAUSE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Cable Communications Policy Act of 1984 establishes a comprehensive statutory scheme for franchising and regulation of cable television; and WHEREAS, since the adoption of City of Miami Cable Television License Ordinance No. 9332, the City has undertaken a comprehensive review of said ordinance in an attempt to identify provisions and obligations therein which may hest be restructured in an effort to maximize the benefits to be derived by the citizens of Miami; and WHEREAS, this ordinance is inteyeA only to modify the existing Cable Television Licence i a ce No. 9332 and is not to be considered a new ligVn§91agr a ent; and WHEREAS, Dade County pr ently maintains educational and public access rogramm'n over cable to which affected municipalities co4ri)ft such programming; and WHEREAS, Co has proposed that the City of Miami pay 1� o is license fee for public access programming w ich c ssitates restructuring the public access prbv4*i ns con fined in Ordinance No. 9332; and W E the recently enacted federal cable Act requi cable regulatory entity to compensate a licensee for time value of money for license fees prepaid and due conside ation thereof having been given by the City to comp sate the licensee; and 1 WHEREAS, the construction of City of Miami's cable television system is near completion, thus allowing for a recommendation for reduction of the 2 million dollar security fund held by the City to 1 million dollars upon full completion of construction of the system and meeting of technical specifications; and a3