CATV - CABLE TELEVISION (28)
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Vision Cable of Pinellas, Inc.
2530 Drew Street
ClearWater. Florida 34625
(813) 797-1818
FEe 5 1980
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February 2, 1990
City of Clearwater
112 South Osceola Avenue
Clearwater, Florida 34616
Re: Franchise Fees
Gentlemen:
I would like to thank you for the many courtesies extended to
Vision Cable over the years. As you know, part of our ongoing
responsibility to the City involves the payment of franchise fees
and related financial reports.
Along with the check for fees payable at this time, we are
providing you with a detailed statement of Gross Subscriber
Revenues. We feel that this information will be helpful to you in
determining the basis for computation of the franchise fees, and
that this report satisfactorily covers our obligation under the
franchise agreement for financial information. If you need further
information, however, we will gladly furnish it to you.
Again, we appreciate your efforts in our ongoing relationship and
look forward to a mutually beneficial relationship during the years
to come.
t=~e~::U.O{jr INC.
Jam s ~o .
vi president/General Manager
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THE ENTERTAINMENT PEOPLE
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FROM: Joan Maiocco
RE~ Franchise Tax Comcutation for Clearwater City
The following is a breakdown of Gross Subscriber Receipts
for the quarter ended December 31, 1989.
OctOf.::,!;?I'" :I. 9B9
:*:C':)~j7 '1 '72~~ II :::~;
~~ovE::.'mbE~r. 198c;
:.t:92:3 ~ 62::!:.. ll4.
DF1C F..:'mb (~r- J. 989
:t620, 089. 8~5
:,\::2,,20 J. , 43~.:.:j. ~.:5:2
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::f.:b6 , ()4~:i;. 07
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PAUL SCHERER & COMPANY
CERTIFIED PUBLIC ACCOUNTANTS
330 MADISON AVENUE. NEW YORK)N.Y 10017
TELEPHONE 12121 661-9300
FACSIMILE 12121 983-1921
Report Relatinq to Gross Revenues
Vision Cable of Pinel las, Inc.
We have audited the accompanying schedule of gross revenues (as defined in the
franchise agreement between Vision Cable of Pinellas, Inc. and the City of
Clearwater) for the year ended December 31, 1989. This schedule is the
responsibility of Vision Cable of Pinellas, Inc. management. Our
responsibility is to express an opinion on this schedule based on our audit.
We conducted our audit in accordance with generally accepted auditing
standards. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the schedule of gross revenues is
free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the schedule of gross
revenues. An audit also includes assessing the accounting principles used and
significant estimates made by management, as well as evaluating the overall
schedule presentation. We believe that our audit provides a reasonable basis
for our opinion.
In our opinion, the schedule of gross revenues referred to above presents
fairly, in all material respects, the gross revenues of the City of Clearwater
Division of Vision Cable of Pinellas, Inc. for the year ended December 31,
1989, as defined in the franchise agreement referred to in the first
paragraph.
The report is intended solely for the information and use of Vision Cable of
Pinellas, Inc. and the City of Clearwater, and should not be used for any
other purpose.
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January 19, 1990
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Vision Cable of Pinellas. Inc.
Schedule of Gross Revenues
For the Year Ended December 31. 1989
City of Clearwater
$8.507.491
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