Orange County NC Website
-:; ,n'~ <br />r.' ~:.:~ <br />12. FOREST SERVICE CONTRACT <br />To renew the annual agreement between Orange County and the North <br />Carolina Department of Natural Resources and Community Development for the <br />provision of support by the N.c. Forest Service in Orange County and <br />authorize the Chair to sign. <br />13. CABLE TELEVISION FRANCHISE TRANSFER - SECOND READING <br />To adopt a resolution to approve. the transfer of a percentage of BT <br />Cable, Inc., to TFBA Sub. Ltd. and authorize the Chair to sign. The <br />resolution is stated below: <br />A RESOLUTION GRANTING <br />MUNICIPAL APPROVAL TO THE ACQUISITxON OF <br />50~ OF THE STOCK OF BT CABLE, INC. <br />BY TFBA SUS. LTD. <br />AND TO THE CONSOLIDATION OF <br />INTERMEDIATE SUBSIDIARIES <br />OF BT CABLE, INC. <br />WHEREAS, ALERT CABLE TV OF NORTH CAROLINA, INC., an indirect wholly owned <br />subsidiary of BT Cable, Inc., is a cable television franchise in the Orange <br />County; and <br />WHEREAS, BT Cable, Inc. is presently controlled 50~ by Taft Broadcasting <br />Company and 50~ by the Robert M. Bass Group; and <br />WHEREAS, after TFBA Limited Partnership acquires by merger <br />Broadcasting Company, TFBA will sell Taft's BT Cable, Inc. stock to a <br />formed partnership controlled by Bass, all as set forth in <br />application dated June 19, 1987; and <br />WHEREAS, subsequent to the foregoing transaction, <br />desire to restructure its corporate organization by <br />intermediate subsidiaries; and <br />the <br />Taft <br />newly <br />letter <br />BT Cable, Inc. may <br />consolidating its ~ ; <br />WHEREAS, approval has been requested as to the foregoing transactions; <br />NOW, THEREFORE., BE IT ORDAINED that the Orange County hereby grants its <br />approval, as requested, to the acquisition of 50~ of the voting stock of BT <br />Cable, Inc. by TFBA Sub. Ltd. and to the consolidation of BT Cable, Inc.'s <br />intermediate subsidiaries, all as set forth in the letter application dated <br />June 19, 1987. <br />Motion was made by Commissioner Hartwell, seconded by Commissioner Carey <br />that the forgoing action be taken by the Board. <br />VOTE: UNANIMOUS. <br />14. AMENDMENT TO THE PERSONNEL ORDINANCE <br />Motion was made by Chair Marshall, seconded by Commissioner Hartwell <br />to amend the Personnel ordinance, Article V, Section 3.0, to reflect the pay <br />plan implementation policy which states: <br />"Employee salaries shall be set at a step on the new salary <br />schedule, within their assigned grade, that provides the closest step <br />increase to 4.5%, with the minimum being 4.0~ and the maximum received being <br />5.6$." <br />VOTE: UNANIMOUS. <br />15. SIGNING OF THE 1987-88 BUDGET ORDINANCE AND CAPITAL PROJECT <br />The Board signed the 1987-88 Budget Ordinance and the Capital Project <br />Ordinances. These are contained in the permanent agenda file located in the <br />Clerk's office. <br />G. ITEMS FOR DECISION - REGULAR AGENDA <br />1. STRATFORD GREEN - PRELIMINARY <br />Planner Greg Szymik presented for consideration of approval the <br />