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<br />REQUEST FOR <br />COUNCIL ACTION <br /> <br />~ <br />~ <br /> <br />CITY COUNCIL MEETING DATE: <br /> <br />CLERK OF COUNCIL USE ONLY: <br /> <br />OCTOBER 3, 2005 <br />TITLE: <br /> <br />RESOLUTION APPROVING THE <br />ASSIGNMENT OF THE FRANCHISE <br />BY ADELPHIA CABLEVISION OF <br />SANTA ANA, LLC TO TIME WARNER <br />NY CABLE, LLC <br /> <br />Q~!i}(2~ <br /> <br />CITY MANAGER <br /> <br />APPROVED <br />As Recommended <br />As Amended <br />Ordinance on 1st Reading <br />Ordinance on 2nd Reading <br />Implementing Resolution <br />Set Public Hearing For <br /> <br />CONTINUED TO <br /> <br />FILE NUMBER <br /> <br />RECOMMENDED ACTION <br /> <br />Adopt a resolution approving the assignment of the Franchise by Adelphia <br />Cablevision of Santa Ana, LLC to Time Warner NY Cable, LLC, which will be <br />an indirect wholly owned subsidiary of Time Warner Cable Inc. <br /> <br />DISCUSSION <br /> <br />Adelphia Cablevision of Santa Ana, LLC is the authorized holder of a <br />franchise that authorizes the construction, operation, and maintenance of <br />a cable television system within the City of Santa Ana. On April 20, <br />2005, Time Warner NY Cable, LLC and Comcast Corporation entered into <br />separate definitive agreements to acquire all of the assets of Adelphia <br />Communications Corporation. On June 14, 2005, the City of Santa Ana, as <br />the Franchise Authority, received an application for the assignment of <br />the existing Franchise. This resolution will authorize the assignment of <br />the Franchise to Time Warner NY Cable, LLC. <br /> <br />The Franchise Authori ty has the right to review and to approve the <br />financial, technical, and legal qualifications of the Time Warner NY <br />Cable before the transfer. Staff has reviewed the documentation and has <br />concluded that the proposed transfer has the requisite financial, <br />technical, and legal qualifications to adequately perform all obligations <br />required and that the transferee will be bound by all existing terms, <br />conditions, and obligations of the Franchise as it currently exists or as <br />it may be modified. <br /> <br />FISCAL IMPACT <br /> <br /> <br />act associated with this action. <br /> <br />Gerardo Mouet <br />Executive Director <br />Parks, Rec. and Comm. Svcs. Agency <br /> <br />55A-1 <br />