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Session 1736, Minutes December 7, 1998 5 period past 120 days. There is some concerns by both parties, with respect to the document as it is drafted. TCI thinks that it would be in the best interest of both parties to be able to sit down and go over that language and try to come up with other language that would be more acceptable with regards to this change of control document. They basically asked for an extension to go to January 27, 1999. Mr. Ollendorff replied that he believed this request had been received. He asked Mr. Berra if there was anything else that was needed that the City should have. Mr. Berra said that some information has been provided to Mr. Hines and Mr. Rose with some of their concerns about the proposed ordinance. Mr. Jeff Kiping, represents AT&T's government affairs division. Mr. Kiping said that AT&T plans on providing an array of services to customers through the cable access, including long distance, local, internet, broad telephony, pay-per-view and other cable type services. AT&T, as outlined in the 394 document, does have the legal, financial and technical capability for the change of the control that is required by the FCC. AT&T has a good name, as far as customer quality and service. They also offer engineering expertise in operating the most sophisticated telecommunications network in the world. They are simply asking for an extension of time on the 120 days, in order to come to an agreement on the terms of the ordinance. They respectfully request that Council allow the extension to work out the rest of the details. The Mayor summarized that the Council's options were to approve the ordinance as submitted, or to amend the December 23rd to the year 2000, or to give an 120 day extension. Mr. Munkel clarified that Mr. Rose reported that if the Council did not act by January 7, 1999 that this merger would be in effect. Mayor Adams said that he was correct, unless Council granted the extension. Mr. Munkel did not understand why a bill was prepared and the two companies involved had not come to an agreement yet. Mayor Adams responded that the problem was not with the two companies but that negotiations needed to be finalized with the City. Mr. Sharpe asked Mr. Ollendorff if he had a problem with the extension. Mr. Ollendorff deferred the question to Mr. Rose. Mr. Rose responded that there was some question about whether TCI has the legal authority to request an extension. On Friday, Mr. Rose faxed to TCI a letter stating that they provide him, on AT&T letterhead, that they also agreed with the extension. Staff did not receive the letter. For some reason, AT&T does not appear to want to become the signatory on the franchise agreement. This is a requirement of our existing franchise. This has been relayed to TCI several times.