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a <br /> 14 <br /> Franchise term to June 30 1998. <br /> NOW, THEREFORE, BE IT RESOLVED by the Board of Commissioners <br /> that Orange County hereby approves the transfer application and <br /> consents to the transfer to TWI, as described in the transfer <br /> application. Provided, however that the commitments made herein by <br /> TWI and Alert shall only become effective if the transfer is <br /> consummated. <br /> BE IT FURTHER RESOLVED that this resolution shall become <br /> effective and continue and remain in effect immediately upon its <br /> passage, approval and adoption by the Board of Commissioners and <br /> consent by TWI and Alert. In the event TWi and Alert do not <br /> consent to this resolution prior to August 22, 1995, then the <br /> County denies consent to the transfer. <br /> BE IT FURTHER RESOLVED that this action be entered into the <br /> Minutes of the Board of Commissioners and that the County Manager <br /> is hereby authorized to notify TVI, CIC and Alert of this action in <br /> writing by furnishing these companies with an executed copy of this <br /> resolution. <br /> ADOPTED this day of 1995. <br /> ORANGE COUNTY <br /> BY: ATTEST: <br /> Chairman County Clerk <br /> CONSENT% <br /> ATTEST: <br /> TIME WARNER, INC. <br /> President Secretary <br /> ATTEST: <br /> ALERT CABLE TV OF NORTH <br /> CAROLINA, INC. <br /> BY: <br /> President Secretary <br /> 3 - <br />