CATV - CABLE TELEVISION (9)
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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_
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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.
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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