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HomeMy WebLinkAboutResolutions - No. 4045RESOLUTION NO. 4045 RESOLUTION GRANTING RATE INCREASE FOR LODI CABLE T. V. SUBSCRIBERS WHEREAS, the members of the City Council of the City of Lodi have reviewed the request of Lodi Cable T. V. for a rate increase as follows, justification for which Lodi Cable T. V. claims is to reduce the company's continuous operating losses: a) Monthly rates for the first Cable TV outlet from $5.25 to $5. 75 for overhead CATV facilities and from $5.95 to $6.25 per month to subscribers served through underground facilities. b) Monthly increases for subscribers with extra outlets from $. 75 to $1. 00 for each additional outlet per month. c) Certain installation charges to be increased from $5. 00 to $7. D-0, WHEREAS, heretofore on February 19, 1972, the Lodi City Council did also grant a rate increase of ten (10) percent or forty- five (45) cents per month to each Lodi Cable T. V. customer. WHEREAS, heretofore on March 2-0, 1974, the City Council of the City of Lodi did also grant a rate increase of thirty (30) cents per month for aerial subscriptions of Lodi Cable T. V. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lodi that it hereby approves the rate increase requested by Lodi Cable T. V. as heretofore outlined in this Resolution. Dated: March 19, 1975 Page No. 2 I hereby certify that Resolution No. 4045 was passed and adopted by the City Council of the City of Lodi in a regular meeting held March 19, 1975 by the following vote: Ayes: Councilmen - Ehrhardt, Hughes, Pinkerton, and Schaffer Noes: Councilmen - Katnich Absent: Councilmen - None Alice M. REise ;:•. City Clerk r }; ''''�`• 4045