Orange County NC Website
9 <br /> The following is a summary of CVI a/k/a Alert Cable's December 31, 1993 year-end adjusted <br /> account balances for intangible assets. <br /> Table B <br /> Account Balance Summary <br /> X.X.X. <br /> ....................... ....... ... <br /> ............ ............. ... <br /> .......... ......... . <br /> ........ . ........ <br /> ................. <br /> ................. <br /> ................................%........ <br /> Rk ............ .....A W. <br /> ............. <br /> ........................... <br /> ... ...... ............... .... <br /> ......... .... <br /> ... ............... ............%..........., ............. <br /> . ... .............. .. <br /> .... ... ... <br /> .................... <br /> ................ <br /> ............ <br /> ........................... <br /> X: ............ <br /> .......... ........ ...... ......... .................. <br /> ............ .. <br /> .......... <br /> .. ........ <br /> X, <br /> :::W:X:: . .... <br /> ... .... ... ...........X.... .... .... <br /> Organizational and Franchise Costs - includes capitalized expenditures $232,000.00 <br /> associated with the organization of the business and with the acquisition <br /> of franchise rights. <br /> Subscriber Lists - the capitalized costs associated with the development $41,000.00 <br /> of Subscribership records. <br /> Capitalized Start-Up Losses $0.00 <br /> Goodwill $0.00 <br /> Other Intangibles $128,000.00 <br /> Accumulated Amortization - depreciation on all intangible assets. ($120P <br /> After the merger and expiration of current cost-of-service rates, Time Warner will not be <br /> allowed to increase the intangible values much beyond the present levels. There is a two year <br /> limit during which TWI can amortize the value of CVI's customer [subscriber] list. <br /> The two year rate freeze period promulgated under the Cost-of-Service FCC-1220 rate process <br /> ends September 30, 1996. Therefore, basic service rates for cable television cannot increase <br /> above levels provided under the FCC rate adjustment rules. <br /> The availability of public bandwidth for government communication is a concern to the <br /> Town's administration. Therefore, the County should consider the need to procure <br /> bandwidth on existing and new cable-telecommunications systems to transmit public <br /> communications [data and telemetry information] between government facilities within the <br /> community. <br />