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3 <br /> WHEREAS,Orange County is certified with the FCC to regulate basic service tier rates, equipment <br /> and installation services provided by Time Warner Cable in franchises NC-0276,and <br /> NC-0256. <br /> IT IS A FINDING: <br /> THAT Time Warner Cable has substantiated the adjustment of its Basic Service Tier rates of $7.88 <br /> (Chapel Hill system)and $10.43(Durham system)for NC-0276,and$8.81 (Carrboro system)for NC- <br /> 0256, based on past and future external cost elements; <br /> THAT, Time Warner has selected to charge the Basic Service Tier rate of$7.70(Chapel Hill <br /> system)and$10.40(Durham system)for franchise NC-0276, and$8.65(Carrboro system)for franchise <br /> NC-0256, during the 1997 calendar year in unincorporated Orange County;and, <br /> THAT Time Warner has complied with FCC BST rate making rules,and its requested maximum <br /> permitted BST rates are reasonable. <br /> IT IS THEREFORE ORDERED: <br /> THAT Time Warner Cable's maximum permitted rates for the Basic Service Tier during 1997 shall <br /> be $7.88(Chapel Hill system,NC-0276),$10.43(Durham system,NC-0276)and$8.65(Carrboro <br /> system,NC-0256),subject to modifications in subsequent findings by the franchise authority; <br /> THAT the County retains its authority to issue refunds or rate roll backs after the initial 90-day <br /> review period with respect to the rates set out in the FCC 1240 filings and approved herewith,subject to <br /> subsequent findings by the fraaohise authority;and, <br /> THAT Time Wanner must keep a full and accurate account of all revenues and costs associated with <br /> the aforementioned cable rate adjustments. <br /> ISSUED BY ORDER OF THE BOARD OF COMMISSIONERS <br /> This the 2 lot day of January, 1997. <br /> ATTEST: CHAIRMAN: <br /> Deliver Report and Order via Certified U.S. Mail to: Time Warner Cable <br /> Copy to: City of Raleigh/TJCOG <br />