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filings; and, <br /> WHEREAS, Orange County is certified with the FCC to regulate basic service tier rates, <br /> equipment 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 <br /> $7.88 (Chapel Hill system)and$10.43 (Durham system)for NC-0276, and$8.81 (Carrboro <br /> system) for NC-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 <br /> franchise 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 <br /> maximum 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 <br /> shall be$7.88 (Chapel Hill system,NC-0276),$10.43 (Durham system,NC-0276),and$8.65 <br /> (Carrboro system,NC-0256), subject to modifications in subsequent findings by the franchise <br /> 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 <br /> to subsequent findings by the franchise authority; and, <br /> THAT Time Warner must keep a full and accurate account of all revenues and costs associated <br /> with the aforementioned cable rate adjustments. <br /> ISSUED BY ORDER OF THE BOARD OF COM MSSIONERS <br /> This the 21 st day of January, 1997. <br /> ATTEST- CHAIRMAN: <br /> Zak,e- <br /> W A�m <br /> Deliver Report and Order via Certified U.S. Mail to: Time Warner Cable <br /> Copy to: City of Raleigh/TJCOG <br />