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CATV - CABLE TELEVISION (9) J I Vision Cable Communications, Inc. 110 East 59th Street New York City 10022 212. PLaza 9. 1500 January 31, 1980 The Mayor and city Commissioners city of Clearwater Clearwater, Florida 33518_ , ~- ., '.' ._" --f"""- -,";'; Dea~ Mayor and Commissioners: First, let 'me tell you that I am delighted that you have awarded your cable television franchise to Vision Cable of Pinellas, Inc. We look forward very much to serving you in the years ahead. . ".. " ''';.:''~ ,'V" ~ .-. -'. ,- This letter is to advise you that Vision Cable Communications, Inc. has committed to Vision Cable of Pinellas, Inc. the mini- mum sum of $6.6 million for construction of the Clearwater cable communications system. We have specifically requested the First National Bank of Boston to set aside this amount of funds for construction of the Clearwater system. This line of credit at the First National Bank of Boston will be used only for the Clearwater system. Of course, we intend to con- tribute a significant portion of the construction costs from our existing cash flow but we did want to let you know that the total financing of the system is available through the First National Bank of Boston. . GLL:mjl Sincerely yours, geL~ ident