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City of <br />Elk -~-~ <br />River <br />REQUEST FOR ACTION <br />To Item Number <br />Ci Council 3,8,* <br />Agenda Section Meeting Date Prepared by <br />Consent ul 6, 2009 Tina Allard, Ci Clerk <br />Item Description Reviewed by <br />Resolution Consenting to Charter Restructuring Lori ohnson, Ci Administrator <br /> Reviewed by <br />Action Requested <br />Council motion to adopt a resolution consenting to Charter's Restructuring. <br />Background/Discussion <br />As you know Charter Communications, Inc. recently filed for Chapter 11 bankruptcy. Per our franchise <br />agreement and state law, written approval of this reorganization is required. <br />Attached is a report from Commission Attorney Bob Vose outlining the reorganization. Mr. Vose <br />recommends the reorganization be approved and doesn't believe there will be any negative impacts on <br />cable service or with compliance of our franchise agreement. <br />Financial Impact <br />There has been no change. Charter received authorization to continue to pay its franchise fees per its <br />franchise agreements. <br />Attachments <br />Resolution Consenting to Restructuring prepared by Commission Attorney Bob Vose <br />Report Concerning Charter Reorganization <br />Action Motion by Second by Vote <br />Follow Up <br />S:\Administration\Council RCA\Cable Corrunission\Restructuring Consent.doc <br />