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HomeMy WebLinkAbout02-127 AGENDA BILL BREMERTON CITY COUNCIL 1. SUBJECT: FOR AGENDA OF: 6/26/02 ORIGINATING DEPT: Admin Services Resolution NO. 2~~ ORIGINATOR: K. McCluskey AT&T and Comcast Merger DATE SUBMITTED: 6/12/02 2. CLEARANCES: 3. EXHIBITS: Attorne~~ Resolution no. Fiscal & Budl Operations ENDORSEMENT'--) INFO~--~~' APPRO~D BY COUNCIL PRESIDENT FOR SUBMITT~: ~YOR ~ /~ ~ ~ CO~CIL PRESIDENT 4. S~Y STATEMENT ~D REQUIREMENT FOR CO~CIL ACTION: AT&T Corporation, the parent corporation of our franchisee, and Comcast Corporation have announced their intention to cosine their cable systems into a new public company, AT~T Comcast Corporation. Pursuant to Section 2 of the franchise city approval is required for any transfer of ownership or change in control. We have reviewed information p~ovided by the franchisee which pertains to legal, financial and technical qualifications of Comcast to perform the obligation~ of the franchisee. We have also waited for more detailed reviews to be performed by larger cities affected by this transfer. The current franchisee is not in violation of any franchise requirements and Comcast qualifies for approval under the terms of our franchise. There will be no change in local management of the cable company. 8. RECO~ENDATION: Motion to approve Resolution No. 9. RESPONSIBLE OFFICIAL: A~n. ENFORC~ENT OFFICIO: A~n. ~XPI~TION DATB:8/20~7 REVIEW DATE: 20~6 10. NOTICE OF ACTION PULLED T~LED APPRO~D ~ DISAPPRO~D ~ENDED CO~CIL DIREGTI~: ~f~ ~ ~ Date: O ~ 2. CLEARANCE COMMENTS (cont.): 4. SUMMARY STATEMENT (cont.): 5. IMPACT ON NON-PASSAGE: 6. IMPACT ON STAFFING, BUDGETS, FACILITIES, EQUIPMENT OR OTHER RESOURCES None. 7. RESEARCH SOURCES: