CATV - CABLE TELEVISION (8)
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RICHARD J- FATES
Assistant Vice- Presidenr
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THE FIRST NATIONAL BANK OF BOSTON
January 30, 1980
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Mayor and City Commissioner
City of Clearwater
112 S. Osceola Avenue
Clearwater, Florida 33516
Gentlemen:
As a further to my letter of January 25, 1980, 1
reiterate that Vision Cable Communications has
$9.5MM available under its $2lMM revolving credit.
We are informed that $6.6MM is specifically
allocated to the Clearwater project. AdditiOnally,
according to the latest financial computations in
my possession, Vision Cable generates in excess of
$6MM in annualized operating income from its existing
cable systems.
1 hope this clarifies any questions that may have
arisen over my previous letters.
Sincerely,
r;?~;:;L,
Richard J. Fates
Assistant Vice President
BOX 2016 . BOSTON, MASSACHUSETTS 02106 . 6171.].-..7]