Loading...
RES-9273 Transfer of Control of Cable Television FranchiseRESOLUTION NO. 9273 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING A TRANSFER OF CONTROL OF THE CABLE TELEVISION FRANCHISE GRANTED TO TIME WARNER ENTERTAINMENT, ADVANCEI NEVVUOUSE PARTNERSHIP VVUEREAS, Time Warner Entertainment, Advance/Newhouse Partnership ("TWE- MIP"), is the holder of a non-exclusive cable television franchise to provide cable television services within the City of Orange ("Cable Franchise"); and VVUEREAS, TWE-ANP is a subsidiary of Time Warner, Inc. (" TWI"); and VVUEREAS, TWI and America Online, Inc. ("AOL") have entered into an agreement and Plan of Merger dated as of January 16,2000 (the " Transaction"); and VVUEREAS, if the merger is approved by applicable Federal agencies, the Transaction will result in a stock-for-stock merger in which TWI and AOL will merge with subsidiaries of an newly formed holding company; and VVUEREAS, as a result of the Transaction both TWI and AOL will become wholly owned subsidiaries of the new company, AOL Time Warner, Inc.; and VVUEREAS, the City has determined that the Transaction constitutes a change of control and requires approval of the City Council; and VVUEREAS, TWE-ANP will remain as the cable franchisee and will be bound by the tenus and conditions of the Cable Franchise; and VVUEREAS, AOL and TWI have signed a memorandum of understanding which adopts, in general principal, that TWI subscribers will be able to select other Internet Service Providers other than AOL or Road Runner.NOW, THEREFORE, BE IT RESOLVED by the City Council of the Section I: That upon the filing by TWE-ANP, as a subsidiary of AOL Time Warner, Inc., of a written acceptance of the terms and conditions of the Cable Franchise and Title 13, Chapter III, ~Sections 13.80 et seq., of the Orange Municipal Code, in a form satisfactory to the City Attorney, that the transfer of control anticipated by the Transaction will be approved.Section II:That the transfer is contingent upon the approval by appropriate federal agencies of the Transaction.Section III:That the City reserves all rights under the Cable Franchise and TWE-ANP continues to assume all obligations of the Cable Franchise and shall assert no defenses which could not be asserted absent the transfer of control. Section IV:That TWE-ANP shall, as a condition precedent to such transfer, pay to the City the amount of $2,500, to reimburse the City for its out-of-pocket costs in reviewing the transfer.Section V:That TWE-ANP agrees that it intends to afford its customers a choice of ISP's on the cable television system. TWE-ANP shall provide periodic reports, at the request of the City, on its progress toward accomplishing that goal. Notwithstanding anything to the contrary, TWE-ANP agrees to comply with all lawful federal, state and local requirements with respect to nondiscriminatory access to its cable system for ISP's; provided that prior to the enactment of any such requirement by the City, TWE- ANP shall be given reasonable notice and an opportunity to be heard, including the right to present evidence on any findings made by the City with respect to such a requirement. This provision shall not be construed as a waiver by either the City or TWE-ANP of any rights, obligations, claims, defenses or remedies regarding the City's authority to impose such conditions.ADOPTED this 25th day ATTEST: T' 4~~ii~./At.d: Cassandra J. Cathc ,CIty Clerk of the CIty of Orange I hereby certify that the foregoing Resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the 25th day of July, 20100, by the following vote: AYES: NOES: ABSENT: ABSTAIN: COUNCIL MEMBERS: MURPHY, SLATER, COONTZ, SPURGEON, ALVAREZ COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE ange Reso No. 9273 3 dad