FCM19921027FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD OCTOBER 21, 1992
The meeting was called to order at 7:00 P.M. by Chairman
Salentine. Also present were Committee Members Dumke,
Patterson and Sanders, Ald. Misko, Ald. Schneider, Ald. Taube and Ald. Simmons.
The Committee reviewed Assignment of Cable Television Franchise
Agreement from Warner Cable Communications Inc. to Time Warner Entertainment Company. One of the terms in the Affidavit of Acceptance of Cable TV Ordinances and Other Responsibilities
included that the term of the franchise shall end on the 10th
day of November, 1996; and the term of the franchise approved in Ordinance #465 is 15 years from October 11, 1983. Time
Warner Entertainment Company, L.P. has executed the Affidavit
of Acceptance and initialed a change to the term of the
franchise to end on the 11th day of October, 1998. Ald.
Sanders moved to recommend approval of the change to the term
to end on October 11, 1998. Seconded by Ald. Dumke, motion
carried.
A discussion was held on the Revolving Loan Fund and the
Committee set the following criteria for applications: Number
of jobs created and need for funds were determined to be the main criteria and the Committee will continue discussion at a
later date.
Ald. Dumke moved to approve the following Vouchers:
General Vouchers $383,173.34 Utility Vouchers 222,301.54
Seconded by Ald. Patterson, motion carried.
The meeting adjourned at 7:30 P.M.
Respectfully submitted,
Ald. David J. Sanders
Secretary
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