City of Pittsburgh - File #: 2013-1911

• File #: 2013-1911
• Version: 2
• Type: Resolution
• Status: Passed Finally
• File created: 10/1/2013
• In control: Committee on Performance and Asset Management
• Final action: 10/15/2013
• Enactment date: 10/15/2013
• Enactment #: 663
• Effective date: 10/17/2013
• Title: Resolution amending Resolution 552 of 2009 entitled “Providing for the creation of the Verizon Franchise Trust Fund (VFTF) and directing the Pittsburgh Cable Communications Advisory Committee to work with CIS, PCTV and PPS in the creation of a plan for the strategic use of the resources provided pursuant the Verizon Franchise Agreement” so as to remove unnecessary language, clarify the operation of the Trust Fund, change the title of the bill to its original title, and make the Verizon Trust Fund consistent with the Comcast Trust Fund.
• Sponsors: Natalia Rudiak, Darlene M. Harris
• Indexes: AGREEMENTS (AMENDING), TRUST FUND

Date	Ver.	Action By	Action	Result
10/18/2013	2	Mayor	Signed by the Mayor
10/15/2013	2	City Council	AMENDED	Pass
10/15/2013	2	City Council	Passed Finally, As Amended	Pass
10/9/2013	1	Standing Committee	Affirmatively Recommended	Pass
10/1/2013	1	City Council	Read and referred

Title
Resolution amending Resolution 552 of 2009 entitled “Providing for the creation of the Verizon Franchise Trust Fund (VFTF) and directing the Pittsburgh Cable Communications Advisory Committee to work with CIS, PCTV and PPS in the creation of a plan for the strategic use of the resources provided pursuant the Verizon Franchise Agreement” so as to remove unnecessary language, clarify the operation of the Trust Fund, change the title of the bill to its original title, and make the Verizon Trust Fund consistent with the Comcast Trust Fund.

Body
Be it resolved by the Council of the City of Pittsburgh as follows:

Section 1. Resolution 552 of 2009, which currently reads as follows:

Providing for the creation of the Verizon Franchise Trust Fund (VFTF) and directing the Pittsburgh Cable Communications Advisory Committee to work with CIS, PCTV and PPS in the creation of a plan for the strategic use of the resources provided pursuant the Verizon Franchise Agreement

Whereas, the City of Pittsburgh (“City”) has entered into a Cable Franchise Agreement (“Agreement”) with Verizon Pennsylvania Inc. (“Verizon”) subject to approval by City Council; and

Whereas, Section 5 of the Agreement provides for the payment of grants from Verizon to the City for public, educational and governmental (“PEG”) access channel support (“Grants”) according to the terms and conditions set forth in such Sections of the Agreement; and

Whereas, the funds are restricted by federal law and therefore must be deposited, maintained, and disbursed in a manner that is consistent with federal law and separate and distinct from the general funds of the City.

Be it resolved by the Council of the City of Pittsburgh as follows:

Section 1. That the City Controller is hereby authorized and directed to create a trust fund entitled “Verizon Franchise Trust Fund” (VFTF) into which shall be deposited any funds received by Verizon. Funds shall be deposited into the Verizon Franchise ...