Title
A Resolution relating to Lexington-Fayette Urban County Government denying approval of the transfer of control of Comcast Corp. to Charter Communications, Inc. [Council Office Maynard]
Body
WHEREAS, Ordinance No. 163-92 created a fifteen (15) year franchise for a cable television system within the confines of Fayette County, Kentucky; and
WHEREAS, Ordinance No. 164-92 accepted the proposal of Telecable of Lexington, Inc. for a renewal of fifteen (15) year franchise for a cable television system pursuant to Ordinance No. 163-92; and
WHEREAS, Ordinance No. 163-92 has been amended from time to time (Ordinance No.'s 206-93, 183-95, 48-2000, 287-2002, 789-2002, 315-2004 and 301-2007 and Resolution No.'s 532-94, 108-98 and 483-99) to now be collectively known as the "Cable Franchise Agreement"; and
WHEREAS, Resolution No. 532-94 approved the transfer of control from Telecable of Lexington, Inc. to TCI Communications and its parent corporation, Tele-Communications, Inc.; and
WHEREAS, Resolution No. 108-98 approved the transfer of control from TCI Communications to InterMedia Partners of Kentucky, L.P.; and
WHEREAS, Resolution No. 483-99 approved the transfer of control from InterMedia Partners of Kentucky, L.P. to Insight Communications Company L.P. ("Insight"); and
WHEREAS, Ordinance No. 301-2007 authorized the Mayor to enter into an Agreement with Insight to amend Ordinance No. 163-92 ("Franchise Amendment Agreement") to extend and renew the terms of Ordinance No. 163-92 for a term of five (5) years from fifteen (15) years to twenty (20) years with an effective date retroactive to September 3, 2007; and
WHEREAS, Resolution No. 596-2011 approved the transfer of control from Insight to Time Warner Cable Inc. ("Time Warner Cable"); and
WHEREAS, Resolution No. ___ -2014 denied approval of the transfer of control Time Warner Cable to Comcast Corporation ("Comcast"); and
WHEREAS, the Lexington-F...
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