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IL, <br /> 03 y <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> FXACTION AGENDA ITEM ABSTRACT Item No. <br /> Meeting Date: MARCH 24, 1987 <br /> SUBJECT: CAROLINA CABLE--CHANGE IN ORGANIZATION (SECOND READING) <br /> DEPARTMENT: COUNTY MANAGER PUBLIC HEARING: Yes X No <br /> ATTACHMENT(S) : INFORMATION CONTACT: MANAGER'S <br /> RESOLUTION OFFTCE,X501 <br /> TELEPHONE NUMBER: <br /> Hillsborough - 732-8181 <br /> Chapel Hill - 968-4501 <br /> Mebane - 227-2031 <br /> Durham - 688-7331 <br /> PURPOSE: To approve the transfer of ownership of Carolina Cable from <br /> Prime Venture I, Inc. to Prime Cable Income Partners L.P. <br /> BACKGROUND: Prime Venture I, Inc. , the owner of Carolina Cable wishes to <br /> transfer its county cable T.V. franchise to Prime Cable Income <br /> Partners L.P. This is a franchise transfer from the <br /> general <br /> (Prime Venture I, Inc. ) to the limited partner (Prime Cable <br /> Income L.P. ) . The County Attorney has reviewed transfer <br /> information submitted by Prime Cable. On March 2, 1987 the <br /> Board approved the first reading. <br /> The transfer should not change the cable operation. <br /> RECOMMENDATION(5) : <br /> Approve transfer of ownership of Carolina Cable from Prime <br /> Venture I, Inc. to Prime Cable Income Partners L.P. <br />