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City of <br />Pequott <br />Lakes— <br />AGENDA ITEM #12.1 <br />REPORT TO <br />CITY COUNCIL <br />Date: September 6, 2011 <br />Subject: Heartland Cable Commission — Franchise Fee <br />Payment <br />Report: The Heartland Cable Commission has issued the <br />`- City of Pequot Lakes a check in the amount of $5,944. This <br />money is generated from franchise fees. There are no <br />restrictions on the use of the money. In the past the Council <br />has designated the money as capital outlay carryover and <br />has specified that it be used for broadcasting the Council <br />meetings. There currently is $10,052 in the Capital Outlay <br />Carryover fund this purpose. <br />Council Action Requested: Council motion on use of <br />funds <br />No <br />