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CABARRUS COUNTY <br />BOARD OF COUNTY COMMISSIONERS <br /> <br />Meeting Date: September 15, 1997 <br /> <br />Agenda Item # ~- I <br /> <br />SUBJECT: Extension of Cable Television Franchise while negotiations on new franchise <br />agreement continue. Bob Melton, TimeWamer General Manager, has agreed to the extension <br />with an increased franchise fee of 5% (the industry standard). -- SEC0m) REt~I~qG <br /> <br />REQUESTED ACTION: Extend Cable Television Franchise issued to TimeWarner Cable <br />through December 31, 1997, effective immediately, with a franchise fee of 5% of gross revenues, <br />effective October 1, 1997. This ordinance must be passed at two regular meetings. <br /> <br />Attachments X Yes No <br /> <br />Expected Length of Presentation 0 <br /> <br />Submitted by: John D. Day, Deputy County Manager <br /> <br />Signature <br /> <br />Date ~/,~/q~7 <br /> <br />ltas this been reviewed by the Budget Officer ? Yes reNo <br />If yes, Budget Officer's Recommendations/Comments: <br /> <br />X Not Required <br /> <br />Approved Budget Amendment Necessary no If so, Attached <br /> <br />Signature Date <br /> <br />County Manager's Recommendations/Comments: <br /> <br />Ready for Clerk to Place on Agenda~ <br /> <br />Mgr's Ini~ <br /> <br /> <br />