Res 086-95 6/20/1995 CITY comm.Btu• 164
RESOLUTION NO. 5),(Q -c-15
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WICHITA
FALLS, TEXAS, APPROVING A TRANSFER OF CABLE TELEVISION
FRANCHISE FROM TWE TO TIME WARNER ENTERTAINMENT-
ADVANCE/NEWHOUSE PARTNERSHIP; FINDING AND DETERMINING
THAT THE MEETING AT WHICH THIS RESOLUTION WAS DISCUSSED
WAS OPEN TO THE PUBLIC AS REQUIRED BY LAW.
WHEREAS, Time Warner Entertainment Company, L.P. ("TWE") is the holder of a
franchise (the "Franchise") to provide cable television service for the City of Wichita Falls;; and,
WHEREAS, TWE, with Advance Publications and Newhouse Broacasting Corporation,
will create a new joint venture cable operation to be called Time Warner Entertainment-
Advance/Newhouse Partnership; and,
WHEREAS, the joint venture will be managed by TWE and be two-thirds owned by
TWE and one-third owned by Advance/Newhouse, a partnership of Newhouse Broadcasting and
Advance Publications Inc.; and,
WHEREAS, the Time Warner Entertainment-Advance/Newhouse Partnership will be
bound by the terms and conditions of the Franchise subject to applicable law.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF WICHITA FALLS, TEXAS, THAT:
SECTION 1. Insofar as may be necessary or advisable under the Franchise, transfer of
the Franchise and the cable television system operating pursuant to the Franchise from TWE to
Time Warner Entertainment-Advance/Newhouse Partnership (including any necessary transfers
through one or more Time Warner entities) is hereby authorized and consented to in all respects.
SECTION 2. It is officially found and determined that the meeting at which this
resolution was passed was open to the public as required by law.
PASSED AND APPROVED this the < :''`' day of June, 1995.
MA Y OR
ATTEST:
City Clerk
Page 9 of 9 Pages
Agenda Item No . 8.b.