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En~ineer's Report Ke: Assessm.ent..District No. 69-~, Tract N~. 289~ ~Longview~ <br /> Mr. Fales reported that he had received a letter from Mr. Ted Fairfield, <br />MacKay and Somps, representing Dr. Howard Long, the o~nler and subdivider of this <br />property, requesting that this public hearing be continued until December 8, 1969, <br />in order to await a better financial condition in the bond market. <br /> It was moved by Councilman Beratlis and seconded by Councilman Spiliotopoulos <br />that Resolution No. 69-169, continuing the public hearing on the Engineer's report <br />to December 8, 1969, on Assessment District No. 69-1, Longview, City of Pleasanton, <br />be adopted. <br />The roll call vote was as follows: <br />AYES: Councilmen Beratlis, Rega, Reid, Spiliotopoulos and Mayor Getton <br />NOES: None <br />ABSENT: None <br /> <br />Appltcatiqp of D&V..Bu~lders~...Inc.~ to fezone from .the A (Agriculture) District to <br />the.RM-2509 (~tlt.iple Family) Distric.t~ that property generally located east of <br />~opyard Road and south of the Del Valle Parkway, containing approximately 22,77 <br />acres <br /> Mayor Getton declared the public hearing open. <br /> Mr. Castro reviewed the report of the Planning Commission, dated June 12 1969, <br />which recommended approval of the requested rezoniug. <br /> There being no public protests, it was moved by Councilman Spiliotopoulos and <br />seconded by Councilman Reid that the public hearing be closed. <br />The roll call vote was as. fpll0w~: <br />AYES: Councilmen Beratlis, Rega, Reid, Spiliotopoulos and Mayor Gerton <br />NOES: None <br />ABSENT: None <br /> <br /> It was moved by Councilman Spiliotopoulos and seconded by Councilman Rega that <br />Ordinance No. 562, amending Ordinance No. 520, rezoning that property generally <br />located east of Hopyard Road and south of the Del Valle Parkway, containing appro- <br />ximately 22.77 acres from the Agricultural District to the RM-2500 (Multiple <br />Family) District, be introduced, <br />The roll call vote was ~s..f.ollo~s: <br />AYES: Councilmen Beratlis, Rega, Reid, Spiliotopoulos and Mayor Getton <br />NOES: None <br />ABSENT: None <br /> <br />MATTERS CONTINUED FOR DECISION <br />R_~equest..of T~.le~Vue SyStem_S, Inc., fo~ an increase in the monthly subscription <br />rate for all new customers from $5.00.per mo~nth to~$6.5%_per month <br /> Mr. Fales reviewed both his report and the report of the Assistant City <br />Manager, dated July 10, 1969. Mr. Fales concurred with the recommendations of <br />the Assistant City Manager which were as follows: <br /> <br />1. That the rate for cable television for all subscribers be increased from $5.00 <br /> to $6.00 beginning August 1, 1969, permitting an average rate of return over <br /> the next four years of 5.12%. <br /> <br />2. That the franchise payment to the City be increased from 2% to 5%, which is <br /> the maximum allowed by State law, and which will yield an additional <br /> $41,941.O0 over the next four years. <br /> <br />3. That in accordance with the offer made by Tele-Vue Systems, Inc., in their <br /> report of June 16, 1969, that the aerial installation fee of $25.00 be <br /> eliminated. <br /> <br />4. That during the course of the franchise period, the City and the franchisee <br /> agree to a review of the rates every five years, and that this provision be <br /> incorporated into the current ordinance. An integral part of such a review <br /> would be an evaluation of the rate of return to the company over a period of <br /> time. Inherent in Recommendation No. 1 above is the fact that we feel an <br /> average 5.12% rate of return over a period of time is fair to the company <br /> and its customers. <br /> <br /> Mr. Fales stated that CATV has made a definite effort to improve their public <br />relations with their customers but in order to improve their level of service, <br />the additional funds incurred by the rate increase would be needed. <br /> <br /> <br />