Laserfiche WebLink
Memorandum <br />Page 2 <br />January 12, 1993 <br /> <br />3) Section 12.13 Quarterly Reports <br /> <br />The Commission finds that no quarterly reports have been submitted. <br /> <br />4) Section 12.14 Annual Reports <br /> <br />The Commission finds that no annual reports have been submitted, with the <br />exception of a "Schedule of Gross Receipts." <br /> <br />The Commission finds that certified annual "Schedule of Gross Receipts" does <br />not satisfy the requirements of this section which calls for complete financial <br />statements. <br /> <br />In accordance with the definitions of terms and the use of the word "shall", <br />the above specified reports are mandatory, not optional or "upon request". <br /> <br />It is the opinion of the Cabarrus County Cable Franchise Commission that the above <br />findings represent a material breach of the terms of the franchise ordinance and are grounds <br />for revocation of the franchise in accordance with Section 5.4. <br /> <br />The Cable Communications Policy Act of 1984 provides that a cable operator's failure to <br />substantially comply with the material terms of the franchise is grounds for non-renewal; <br />however, the cable operator should be given notice and an opportunity to cure. <br /> <br />It is the recommendation of the Cabarrus County Cable Franchise Commission to the Board <br />of County Commissioners to put Vision Cable of Metrolina on notice of the above findings <br />and to bring to their attention the remedies of violation under Section 9.1 (b). <br /> <br />It is further advised that the Board of County Commissioners direct Vision Cable to come <br />into compliance with the above sections. <br /> <br /> <br />