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RES-8456 Approving Transfer of Controlling Interest in Cable FranchiseRESOLUTION NO. 8456 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING A TRANSFER OF THE CONTROLLING INTEREST IN THE CABLE FRANCmSE GRANTED TO TIME WARNER ENTERTAINMENT COMPANY, L.P., DBA CABLEVISION OF ORANGE TO TIME WARNER ENTERTAINMENT, ADVANCE! NEWHOUSE PARTNERSmp, DBA CABLEVISION OF ORANGE. WHEREAS, Time Warner Entertainment, L.P., dba Cablevision of Orange TWE"), is the holder of a non-exclusive cable television franchise to provide cable television services within the City of Orange; and WHEREAS, TWE with Advance Publications and Newhouse Broadcasting Corporation will create a new joint venture cable operation to be called Time Warner Entertainment - AdvancelNewhouse Partnership ("TWE-ANP"); and WHEREAS, TWE has requested that the City of Orange approve a transfer of the ownership and control of Cable vision of Orange from TWE to "TWE- ANP"; and WHEREAS, the joint venture will be managed by TWE with two- thirds of the joint venture owned by TWE and one-third owned by AdvancelNewhouse, a partnership of Newhouse Broadcasting and Advance Publications Inc.; and WHEREAS, pursuantto Section 13.82.090 of the Orange Municipal Code, cable television franchise transfers involving the transfer of 30 percent or more of an ownership interest in the cable franchise must be approved by resolution of the City Council; and WHEREAS, anti-trafficking provisions of the federal 1992 Cable Act prohibit,with specified exemptions, a cable operator from selling or transferring ownership in a cable 5ystem unless that system has been held by the cable operator for a three-year period; and WHEREAS, a cable operator claiming an exemption to the anti-trafficking provisions must file a certification with the franchising authority describing the transaction and explain why the exemption is justified; and WHEREAS, TWE has complied with this certification requirement; and WHEREAS, TWE-ANP will be bound by the terms and conditions of NOW, THEREFORE, BE IT RESOLVED as follows: Section 1: That upon the filing by TWE-ANP of a written acceptance of the terms and conditions of Resolution 5087, any amendments thereto and Chapter 13.80, et seq. of the Code of the City of Orange in a form satisfactory to the City Attorney, that the transfer of the cable television franchise held by TWE to TWE-ANP be approved. Section 2:That if the above condition is not satisfied by March 3, 1995, then the request for approval of the transfer shall be deemed denied until such time as this condition has been met.ADOPTED this 14 th day of Februarv . 1995. ATTEST: 4 (yor of the City of OrangeJ/ v d/>/~ tf71~ ~City Clerk~fth CitfofOrange 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 14 th of Februarv. 1995, by the following vote: AYES: NOES: ABSENT:COUNCIL MEMBERS:COUNCIL MEMBERS:COUNCIL MEMBERS:MURPHY, BARRERA, MAYOR COONTZ, SPURGEON, SLATER NONE NONE Q.~#~City Clerk of e Citf'Of orange DAD:dg Reso No. 8456