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RES-8396 Approving a Transfer of Controlling Interest in Cable FranchiseRESOLUTION NO. 8396 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE APPROVING A TRANSFER OF THE CONTROLLING INTEREST IN THE CABLE FRANCmSE GRANTED TO COMMUNITY CABLEVISION COMPANY TO COX CABLE COMMUNICATIONS, INC. WHEREAS, by Resolution No. 7084, dated June 14, 1988, the City of Orange granted a non-exclusive cable television franchise to Community Cablevision Company Community Cablevision"), a wholly-owned subsidiary of the Irvine Company; and WHEREAS, by Resolution No. 8078, dated September 8, 1992, the City of Orange approved the transfer of the cable television franchise from Community Cablevision, as a wholly-owned subsidiary of the Irvine Company, to Community Cablevision, as a wholly-owned subsidiary of Times Mirror Cable Television of Orange County, Inc. ("TMCT"); and WHEREAS, The Times Mirror Company ("Times Mirror") is the current and ultimate controlling entity of TMCT and Community Cablevision; and WHEREAS, Times Mirror has requested that the City of Orange approve a transfer of the ownership and control of Community Cablevision from Times Mirror to Cox Cable Communications, Inc. ("Cox Cable"); and WHEREAS, Community Cablevision will continue to be the franchise holder; and WHEREAS, pursuant to Section 13.82.090 of the Orange City Code, cable television franchise transfers involving the transfer of 30 percent or more of an ownership interest in the cable franchisee 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 system unless that system has been held by the cable operator for a three-year period; and WHEREAS, a cable operator claiming an exernption to the anti-trafficking provisions rnust file a certification with the franchising authority describing the transaction and explaining why the exemption is justified; and WHEREAS, Times NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: Section 1: That upon satisfaction of the following conditions, the transfer of the cable television franchise held by Community Cablevision, as a wholly-owned subsidiary of TMCT, to Community Cablevision, as a wholly-owned subsidiary of Cox Cable, as represented to the City of Orange, is approved:1. Cox Cable files a written acceptance of the terms and conditions of Resolution 7084, any amendments thereto and Chapter 13.80 of the Code of the City of Orange in a form satisfactory to the City Attorney;2. Cox Cable submits all bonds, evidence of insurance and security deposits as required by Resolution 7084 and Chapter 13.80 of the Code of the City of Orange on forms satisfactory to the City Attorney;3. Cox Cable files certificates of authenticity and authority on forms satisfactory to the City Attorney.4. Times Mirror executes an agreement with the City settling any disputes arising from the City's current audit of franchise fee revenues received from Community Cablevision during the time Times Mirror has owned and controlled Community Cablevision. Section 2:That if any of the above conditions are not satisfied by November 9, 1994, then the request for approval of the transfer shall be deemed denied until such time as all conditions have been met.ADOPTED this ;>'i th day of ()( otnhpr , 1994.40/ayor of the City of Orange A ITEST: ProTern fn< f-U~ ~~fl/City Cler f the Ity; Orange Reso 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 25 th of October. 1994, by the following vote: AYES: NOES: ABSENT: COUNCIL MEMBERS: COUNCIL MEMBERS: COUNCIL MEMBERS: SPURGEON, BARRERA, COONTZ, MURPHY NONE MAYOR BEYER AA'/~ Ch~~R4t/ City Clerk of e Ci oft0range DAD:dg Reso No. 8396 3