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Finance Committee recommends 10‑year Comcast franchise renewal with lowered PEG fee; motion passes 6‑0 to send to full council
Summary
The Finance Committee voted to refer a 10‑year Comcast of Oregon franchise ordinance to full council with a 6‑0 recommendation. The Mount Hood Cable Regulatory Commission staff negotiated a settlement that sets the PEG fee at 2.5% of gross revenues and keeps the 5% franchise fee; commissioners and staff said the PEG rate remains among the highest
The Portland Finance Committee on May 12 recommended that the full City Council adopt a 10‑year franchise ordinance to renew Comcast of Oregon’s cable franchise and continue access to the public right of way.
The committee voted to send the ordinance to full council with a favorable recommendation. The motion was moved by Councilor Perdel Guiney and seconded by Councilor Novick; the roll call recorded aye votes from Perdel Guiney, Novick, Green, Tom Los and Zimmerman and the motion passed and was referred to the full council with the recommendation to pass.
Mount Hood Cable Regulatory Commission staff, who negotiated the agreement on behalf of the member jurisdictions, told the committee the negotiated package reduces the…
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