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SR-501-002-03 (2) f:\atty\muni\strpts\jl\TimeWarnerCableFranchise021406mtg.doc City Council Meeting 2-14-06 Santa Monica, California TO: Mayor and City Council FROM: City Staff SUBJECT: An Ordinance Approving And Consenting, Subject To Certain Conditions, To The Transfer Of Control Of Century-TCI California, L.P., Which Operates Cable Systems In The City Of Santa Monica, From Adelphia Communications Corporation To Comcast Cable Holdings, LLC And To The Transfer Of Ownership And Control Of CAC Exchange I, LLC From Comcast Cable Holdings, LLC To Time Warner Cable Inc. Introduction At its meeting on January 24, 2006, the City Council introduced for first reading an ordinance approving and consenting, subject to certain conditions, to the transfer of control of Century-TCI California, L.P., which operates cable systems in the City of Santa Monica, from Adelphia Communications Corporation to Comcast Cable Holdings, LLC and to the transfer of ownership and control of CAC Exchange I, LLC from Comcast Cable Holdings, LLC to Time Warner Cable Inc. The ordinance is now presented to the City Council for adoption. Recommendation It is respectfully recommended that the accompanying ordinance be adopted. PREPARED BY: Marsha Jones Moutrie, City Attorney Joseph Lawrence, Assistant City Attorney See Adopted Ordinance No. 2177 (CCS) 1