§ A279-17. Funding.

Latest version.

The company shall provide the municipality with the sum of $30,000 for the funding for both the educational access channel and the municipality's cable-related needs to be paid within 60 days of the issuance of the certificate of approval by the Board. The company shall continue to fund the municipality at the rate of $6,785 per year for the second through 15th years following the issuance of the certificate of approval to be paid on each anniversary date. The municipality agrees that no less than 70% of these funds will be utilized by the North Hunterdon Regional High School.

                    
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