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Council told PEG/MCTV budget will include $700,000 for four new reader signs; locations to be coordinated with HOAs
Summary
Staff proposed a $700,000 PEG/MCTV adjustment to buy four reader (marquee) signs at identified locations, saying the signs would be installed where coverage is currently missing and would return to council for authorization.
Finance staff told council the PEG/MCTV fund (paid largely by franchise fees from AT&T, Comcast and DIRECTV) will include an added $700,000 adjustment in FY2027 to pay for four new reader signs (marquees) at locations without current coverage. A staff speaker said the city has used PEG funds for reader signs before and will work with HOAs and neighborhoods on siting; the project will return to council for formal authorization before any funds are expended.
Council members asked to confirm fund-eligibility and to coordinate site selection with community associations; staff said it had consulted auditors on the restricted nature of PEG funds and would provide an FYI memorandum with locations and a future authorization request.
