§ A225-20. Public, educational and governmental access.

In consideration for the rights granted in this chapter, the Company shall provide the Township with a grant in the amount of $18,000. Cablevision shall provide an initial grant payment of $4,500 within the first year of the new franchise agreement. The remaining grant of $13,500 shall be provided in annual installments of $1,500, upon written request by the Township (the "annual grant"). Cablevision shall not be obligated to make any additional payments beyond year 10 of the franchise. The annual grant shall be payable to the Township within 60 days from receipt of the Township's written request. Notwithstanding the foregoing, should Cablevision apply for a systemwide certification or otherwise convert its municipal consent to a systemwide certification in accordance with N.J.S.A. 48:5A-25.1, it shall be relieved of any payments due and owing after the date of such conversion or award of a systemwide franchise. The Township agrees that all amounts provided pursuant to this shall be used for the exclusive support of PEG access programming, such as the purchase and/or rental of PEG access equipment and facilities. On request, the Township shall provide Cablevision with a certification of compliance with this § A225-20.