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Iw <br /> 079 <br /> ORANGE COUNTY <br /> BOARD OF COMMISSIONERS <br /> Action Agenda <br /> Item No. F'5 <br /> ACTION AGENDA ITEM ABSTRACT <br /> Meeting Date: AUGUST 18, 1987 <br /> SUBJECT: CABLE TELEVISION FRANCHISE TRANSFER - SECOND READING <br /> DEPARTMENT: COUNTY MANAGER PUBLIC HEARING: Yes X No <br /> ATTACHMENT(S) : INFORMATION CONTACT: MANAGER'S <br /> OFFICE, X501 <br /> RESOLUTION <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 a <br /> percentage of BT Cable, Inc. , the corporation which owns Alert <br /> Cable TV, to TFBA Sub, Ltd. <br /> BACKGROUND: BT Cable owned by the Robert M. Bass Group, Inc. and Taft <br /> Broadcasting Company proposes the transfer of 50% of the vot- <br /> ing stock of BT Cable, from Taft Broadcasting to TFBA Sub, <br /> Ltd. TFBA is controlled by Robert Bass. Correspondence from <br /> BT Cable outlines the transfer and indicates managerial and <br /> supervisory personnel within the cable operation will not <br /> change. <br /> RECOMMENDATION(S) : <br /> Adopt resolution approving transfer and authorize Chair to <br /> sign. <br />