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franchise; and WHEREAS, TCICP would by submitting Exhibit A represent by signed writing that it will continue to abide by the terms and conditions of the franchise, which shall remain in full effect after the transfer; and WHEREAS, Continental and the City properly commenced proceedings during the six month period beginning with the 36th month before franchise expiration pursuant to 47 USC §546(a) and properly continue l o conduct such proceedings with the purpose of considering possible renewal of the franchise, which proceedings have been extended to June 23, 1999; and WHEREAS, passage of this Ordinance will not in any way alter the City's powers to continue conducting the prc. ceedings under 47 USC §546(a) (which proceedings shall not be concluded until the City provides ~vritten notice of such conclusion to the holder of the franchise) and otherwise . conduct formal and informal franchise renewal proceedings under 47 USC §546; and WHEREAS, the City is concerned that the transfer will cause further delays in completing proceedings under 47 USC §546, and an extension of the franchise expiration date to 11:59 p.m. on December 23, 2000, would eliminate such concerns and TCICP would by submitting Exhibit A agree to such extension; and WHEREAS, based upon the foregoing information, representations, and circumstances, the City Council has concluded that it is in the best interest of the City and its residents and businesses to grant consent to the transfer of the franchise and extension of the term of the franchise subject to certain conditions including the adoption of revised cable television consumer protection and customer service regulations; BE IT ORDAINED BY THE COUNCIL OF THE CITY OF UNIVERSITY CITY, MISSOURI, AS FOLLOWS: SECTION 1. CONSENT TO TRANSFER. Subject to the conditions set forth herein the City hereby grants its consent to the transfer of control of the franchise holder from TCI to AT&T, provided the parties submit to the City Clerk the supplement to their application for consent in the form of Exhibit A signed by all the companies named therein no later than February 6, 1999 and if said companies fa~l to submit such signed supplement by such date then the request for consent shall be hereby denied for the reasons stated herein. Except as stated herein, the terms and conditions of the franchise shall continue in full force and effect. The City waives any right to acquire the assets of the cable system which it may have under the franchise as a result of the franchise transfer. TRORD.UC3