Orange County NC Website
• <br /> To increase the minibus leasing rate from .50 to . 55 per mile and the <br /> 7 <br /> driver rate from $5. 00 to $7. 00 per hour. <br /> 11. BUDGET AMENDMENT <br /> To approve a project ordinance to receive Section 8 Housing Voucher <br /> funds for 1987 as follows: <br /> Appropriation - Housing Authority 1987 Section 8 Voucher Program in <br /> the amount of $83, 076. <br /> Source - 1987 Section 8 Voucher Program in the amount of$83, 076. <br /> 12 . FOREST SERVICE CONTRACT <br /> To renew the annual agreement between Orange County and the North <br /> Carolina Department of Natural Resources and Community Development for the <br /> provision of support by the N.C. Forest Service in Orange County and <br /> authorize the Chair to sign. <br /> 13 . CABLE TELEVISION FRANCHISE TRANSFER - SECOND READING <br /> To adopt a resolution to approve the transfer of a percentage of BT <br /> Cable, Inc. , to TFBA Sub. Ltd. and authorize the Chair to sign. The <br /> resolution is stated below: <br /> A RESOLUTION GRANTING <br /> MUNICIPAL APPROVAL TO THE ACQUISITION OF <br /> 50% OF THE STOCK OF BT CABLE, INC. <br /> BY TFBA SUB. LTD. <br /> AND TO THE CONSOLIDATION OF <br /> INTERMEDIATE SUBSIDIARIES <br /> OF BT CABLE, INC. <br /> WHEREAS, ALERT CABLE TV OF NORTH CAROLINA, INC <br /> subsidiary of BT Cable, Inc. , is a cable television an <br /> Orange <br /> County; and <br /> WHEREAS, BT Cable, Inc. is presently controlled 50% by Taft Broadcasting <br /> Company and 50% by the Robert M. Bass Group; and <br /> WHEREAS, after TFBA Limited Partnership acquires by merger Taft <br /> Broadcasting Company, TFBA will sell Taft's BT Cable, Inc. stock to a newly <br /> formed partnership controlled by Bass, all as set forth in the letter <br /> application dated June 19, 1987; and <br /> WHEREAS, subsequent to the foregoing transaction, BT Cable, Inc. may <br /> desire to restructure its corporate organization by consolidating its <br /> intermediate subsidiaries; and <br /> WHEREAS, approval has been requested as to the foregoing transactions; <br /> NOW, THEREFORE, BE IT ORDAINED that the Orange County hereby grants its <br /> approval, as requested, to the acquisition of 50% of the voting stock of BT <br /> Cable, Inc. by TFBA Sub. Ltd. and to the consolidation of BT Cable, Inc. 's <br /> intermediate subsidiaries, all as set forth in the letter application dated <br /> June 19, 1987. <br /> Motion was made by Commissioner Hartwell, seconded by Commissioner Carey <br /> that the forgoing action be taken by the Board. <br /> VOTE: UNANIMOUS. <br /> 14. AMENDMENT TO THE PERSONNEL ORDINANCE <br /> Motion was made by Chair Marshall, seconded by Commissioner Hartwell <br /> to amend the Personnel Ordinance, Article V, Section 3 . 0, to reflect the a <br /> plan implementation policy which states: p Y <br /> "Employee salaries shall be set at a step <br /> schedule, within their assigned grade, that proviesonthe heclosest astep <br /> Lncrease to 4.5%, with the minimum being 4. 0% and the maximum received being <br /> 5. 6%. " n <br />