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HomeMy WebLinkAbout2015-25 Transfer Control of Cable Franchise RESOLUTION NO. 2015 - a A RESOLUTION CONSENTING TO THE TRANSFER OF CONTROL RELATED TO THE CABLE FRANCHISEE FALCON CABLE SYSTEMS COMPANY II, L.P., WITH CONDITIONS WHEREAS, Falcon Cable Systems Company II, L.P., a subsidiary of Charter Communications, Inc. ("Charter"), is the Franchisee under a Cable Franchise Agreement approved by the City of Ashland (the "City") dated February 5, 2004; and WHEREAS, the City granted several extensions to the term of the Franchise Agreement, all of which have expired without renewal of the franchise; and WHEREAS, on May 23, 2015, Charter, with its subsidiary CCH I, LLC, entered into agreements with Advance/Newhouse Partnership, the ultimate parent company of Bright House Networks, LLC., Time Warner Cable, Inc., and Liberty Broadband Corporation; the purpose of these agreements being to effectuate the acquisition of Bright House Networks LLC, and a merger with Time Warner Cable Inc., in which Advance/Newhouse Partnership, Time Warner Cable Inc., and Liberty Broadband Corporation will acquire minority ownership interests in Charter (hereinafter the "Transaction"); and WHEREAS, on July 2, 2015, the City received a Federal Communications Commission Form 394 Application by which Charter requested approval from the City of the Transaction; and WHEREAS, Federal law and Section 15.2 of the Franchise authorize the City to review any proposed transfer of control, including the proposed Transaction as described in the From 394 Application; and WHEREAS, Section 15.2.6 of the Franchise also authorizes the City to condition approval of a transfer upon such terms and conditions as it deems reasonably appropriate within the legal, financial, and technical framework provided by the Franchise; and WHEREAS, the City has reviewed the materials provided by Charter in the Form 394 Application and the City deems it to be in furtherance of the public interest and the welfare of its citizens to consent to the Transaction, subject to appropriate conditions. THE CITY OF ASHLAND RESOLVES AS FOLLOWS: SECTION 1. Consent to the Transfer of Control. To the extent the Cable Franchise Agreement granted to Franchisee remains in effect, the City of Ashland hereby consents to the transfer of control as set forth in the Federal Communications Commission Form 394 submitted by Charter Communications, Inc., subject to the conditions set forth in Section 2, below. SECTION 2. Conditions to the Transfer of Control. Resolution No. 2015- Page 1 of'2 The approval of the proposed transfer of control shall not take effect until such time as each of the following conditions is met: 1. The Transaction is consummated as described in the Form 394 Application with no substantial change in the terms and conditions as described therein. 2. The Franchisee, before and after the closing of the Transaction, remains bound by the lawful terms and conditions of the Franchise. SECTION 3. Effective Date. This resolution was duly PASSED and ADOPTED this ,:~O day of October, 2015, and takes effect on signing by the Mayor. Barbara Christensen, City Recorder SIGNED and APPROVED this 2-1 day of October, 2015. Pam Marsh, Council Chair Reviewed as to form: A Z~~~ ~ & Davi H. Lohman, City Attorney Resolution No. 2015- Page 2 of 2