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Council renews municipal consent for Comcast franchise; agreement includes PEG grant and performance bond
Summary
Council adopted Ordinance 2026-02 renewing municipal consent for Comcast of Northwest New Jersey, including a 2% franchise fee, a $25,000 performance bond, insurance requirements and a $20,000 PEG access capital grant; adoption passed with one abstention.
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On April 7 the Borough Council adopted Ordinance 2026-02 to renew municipal consent for Comcast of Northwest New Jersey, LLC to construct, operate and maintain a cable television and communications system in the borough.
The ordinance details a 10-year franchise term, a franchise fee of two percent of gross subscriber recurring revenues (or a higher amount if allowed by law), a $25,000 performance bond, liability insurance requirements (minimum $1,000,000 with a $5,000,000 umbrella), and a one-time PEG access capital grant of $20,000 within six months of Board of Public Utilities approval. The ordinance includes customer service and emergency-use commitments and incorporates the company's application and line-extension policies by reference.
The council opened and closed a public hearing with no speakers and adopted the ordinance on roll call, Ayes: 6, Nays: 0, Abstain: 1 (Gorshkov). The ordinance takes effect upon issuance of a Renewal Certificate of Approval from the New Jersey Board of Public Utilities.
