Title
PEG Capital Funding to Santa Fe Community College (B)
Explanation
Santa Fe Community College (SFCC) has requested funding from the City and the County for equipment upgrades to continue broadcasting certain courses on the City's and the County's educational channel, Cox Cable Channel 6. Santa Fe broadcasts six hours of coursework during the week. These courses - Portrait of a Family; Physical Geology; and Introduction to Astronomy - are of general interest to all citizens. In addition, Santa Fe uses the equipment in its broadcasting classes, which are open to anyone registered at SFCC. Staff has reviewed the request and recommends funding from the PEG capital funding obtained by the City in its most recent franchise negotiations with Cox Communications.
Fiscal Note
The original funding request submitted on February 27, 2003 totaled $50,518.57. At the request of staff, the proposal was updated in October 2004 to reflect current equipment pricing for a total cost of $39,433. The City's share based on the funding distribution outlined in the franchise agreements is 63.7% or $25,120. The funds are available in the Cox Communications capital grant fund.
Recommendation
The City Commission authorize staff to provide $25,120 to Santa Fe Community College for equipment purchases from PEG capital funding received through the City's franchise agreement with Cox Communications.