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HomeMy Public PortalAbout2006_01_24_r017The Town of Leesburg, Virginia RESOLUTION NO. 2006-17 PRESENTED January 24, 2006 ADOPTED January 24, 2006 A RESOLUTION: APPROVING A SUPPLEMENTAL APPROPRIATION FOR THE REIMBURSEMENT OF $47,945 FOR THE NEGOTIATION OF THE VERIZON CABLE FRANCHISE AND THE ADELPHIA-COMCAST FRANCHISE TRANSFER WHEREAS, the Town has incurred legal expenses associated with the negotiation of the Verizon franchise agreement and the transfer of the Adelphia franchise; and WHEREAS, according to Section 5.1-9 of the Town Code of Leesburg VA, legal expenses associated with negotiation and transfer of cable franchises are to be reimbursed to the Town; and WHEREAS, Verizon and Comcast have reimbursed the Town $47,945 for the franchise negotiation and franchise transfer based on actual legal cost; and WHEREAS, the reimbursements will cover all the legal costs associated with both matters. THEREFORE, RESOLVED by the Council of the Town of Leesburg in Virginia as follows: SECTION I. The FY 2006 Budget is hereby amended and an appropriation is made in the amount of $47,945 for the fiscal year beginning July 1, 2005 and ending June 30, 2006. SECTION II. The Town Manager's budget is amended in the amount of $47, 945. -2- A RESOLUTION: APPROVING A SUPPLEMENTAL APPROPRIATION FOR THE REIMBURSEMENT OF $47,945 FOR THE NEGOTIATION OF THE VERIZON CABLE FRANCHISE AND THE ADELPHIA-COMCAST FRANCHISE TRANSFER PASSED this 24th day of January 2006 ~stittd, ~Fayor Town of Leesburg ATTEST: fJler of Council P drive: R05 suppapcable