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R-96-61 A RESOLUTION APPROVING ASSIGNMENT OF THE CITY OF PORTSMOUTH'S CABLE TELEVISION FRANCHISE. WHEREAS, Cox Communications Hampton Roads, Inc. owns, operates, and maintains a cable television system in the City of Portsmouth, Virginia pursuant to a franchise dated August 13, 1989, and Cox Communications Hampton Roads, Inc. is the duly authorized holder of the franchise; and WHEREAS, Cox Communications Hampton Roads, Inc. and CoxCom are wholly owned subsidiaries of Cox Communications, Inc.; and WHEREAS, Cox Communications, Inc. is in the process of consolidating its many subsidiaries into a smaller number of subsidiaries to improve operational efficiency, reduce administrative burdens, and simplify Cox Communications, Inc's. organizational structure; and WHEREAS, this consolidation will result in Cox Communications Hampton Roads, Inc. being merged with and into CoxCom Inc. with CoxCom Inc. being the surviving corporation; and WHEREAS, Cox Communications Hampton Roads, Inc. has requested consent of the City of Portsmouth, Virginia to the merger and to the assignment of the franchise to CoxCom Inc. in accordance with the requirements of the franchise; and WHEREAS, in accordance with the provisions of the franchise agreement, CoxCom Inc. will, within 60 days after the merger, file with the City a copy of the merger agreement, certified and sworn to as correct by CoxCom, Inc.; and WHEREAS, the merger and assignment of the franchise are deemed not to be detrimental to the residents of the City of Portsmouth, Virginia. NOW, THEREFORE, BE IT RESOLVED by the Council of the City of Portsmouth, Virginia that the Council hereby consents to the merger and the assignment, all in accordance with the terms of the franchise agreement. BE IT FURTHER RESOLVED that this resolution shall be deemed effective for purposes of the merger and the assignment upon the effective date of the merger.