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016 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> ACTION AGENDA ITEM ABSTRACT Item No.JEA <br /> Meeting Date: DECEMBER 16, 1986 <br /> SUBJECT: CABLE TELEVISION FRANCHISE TRANSFER <br /> DEPARTMENT: COUNTY MANAGER PUBLIC HEARING: Yes X No <br /> ATTACHMENT(S) : INFORMATION CONTACT: MANAGER'S <br /> RESOLUTION OFFICE,X501 <br /> TELEPHONE NUMBER: <br /> Hillsborough - 732-8181 <br /> Chapel Hill - 968-4501 <br /> Mebane - 227-2031 <br /> Durham - 688-7331 <br /> PURPOSE: To consider adopting a resolution approving the transfer of <br /> Wometco Cable TV, Inc. , the corporation which owns Alert Cable <br /> TV Franchise, to BT Cable. <br /> NEED: On October 20, 1986, BT Cable, Inc. contracted to purchase the <br /> stock of Wometco Cable. BT Cable will be owned by the Robert <br /> M. Bass Group, Inc. of Fort Worth, Texas, Taft Broadcasting <br /> Company and certain members of Wometco Cable TV, Inc. 's pre- <br /> sent management. There will be no change in the operations or <br /> operating personnel of Wometco Cable TV, Inc. or Alert Cable <br /> TV of North Carolina, Inc. as a result of this transaction. <br /> Financial information has been reviewed by the County <br /> Attorney. <br /> IMPACT: Resolution requires two readings of the Board. On December 1, <br /> 1986 the Board approved the first reading of the resolution. <br /> RECOMMENDATION(S) : <br /> Adopt resolution approving transfer of Wemtco Cable TV <br /> Franchise to BT Cable. <br />