New Jersey Board of Public Utilities Agenda April 2024
Cablevision of Raritan Valley Franchise Renewed for Dunellen
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Description
The New Jersey Board of Public Utilities renewed the franchise for CSC TKR, LLC d/b/a Cablevision of Raritan Valley to operate the cable television system in Dunellen for a 10-year term. The contract includes franchise and regulatory fees, a $15,000 PEG grant, and community service commitments.
Contract Details
Contract Amount
2% of gross revenues from recurring subscription fees (franchise fee to Borough); additional regulatory fees up to 2% of gross operating revenues derived from intrastate operations; One-time PEG grant up to $15,000 (initial $6,000 within 90 days, nine annual $1,000 installments)
Vendor
CSC TKR LLC DBA CABLEVISION OF RARITAN VALLEY
Agency
NJ Board of Public Utilities, NJ
Contract Type
OTHER
Document Date
April 30, 2024
Contract Term
April 24, 2024 – April 24, 2034 (10 years)
Renewal Date
2034-04-24
Renewal Info
Franchise can be renewed, subject to Board approval. No annual PEG payments after year 10. Historical renewal/transfer: 1977, 1982, 1990, 1997, 2001, 2024.
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