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1995-02-06 - Resolution 1995-04 - ACCOUNTING ORDER RESOLUTION (CONTINENTAL CABLEVISION)1/17195 RESOLUTION NO.gs- 4 ACCOUNTING ORDER RESOLUTION (CoNTTNENTAL CABLEyTSTON) WHEREAS, pursuant to the Communications Act of 1934, as amended by the Cable Television Consumer Protection and Competition Aq. of 1992, and the regulations prescribed thereunder ("Act"), the Village is certified to regulate the rates charged for basic tier cable service in the Village of Buffalo Grove, Illinois, and all equipment, installation, and other services used for such basic tier service; and, WEEREAS, pursuant to the Act, Continental Cablevision of Northern Cook County ("Continental") submitted to the Village, on August 15, 1994, its FCC 1200 form series (including forms 1220 and 1205), requesting approval of its basic tier cable rates; and, WTTPREAS, the Act allows the Village a 180-day period to review and evaluate cost-of- service showings in order to make an informed and reasoned judgrnent on proposed rates and to prepare a final rate decision as to whether proposed rates are within the Federal Communications Commission's reasonableness standard or justifiably above the presumptively reasonable level; and, WEEREAS, the Village pursuant to Resolution No. 94-91 tolled the effective date of Continental's proposed basic tier rates until February 9, 1995; and, Wrr'.11B6t, pursuant to the Act, if the Village takes more than the full 180-day period to complete its initial review of Continental's rates, Continental's proposed rates will go into effect, subject to subsequent refund orders for any portion ofthe proposed rates later found by the Village to be unreasonable and not sufficiently justified, and, in such a situation, the Village must issue an order at the end ofthe tolling period requesting Continental to keep an accurate account, until a I vv written decision is rendered by the Villale, of all amounts paid to Continental by reason of the proposed rate and on whose behalf such amounts are paid; and, WHEREAS' the Village has determined that it will not have completed its review of Continental's proposed basic tier rates by February 9, 1995, and that it will need additional time to reach a decision on the merits as to whether Continental's proposed basic tier rates are within the Federal Communications Commission's reasonableness standard or justifiably above the presumptively reasonable level. NOW, TEEREFORE, BE IT RESOLYED by the President and Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois as follows: Section 1. The Village will not have completed its review of Continental Cablevision of Northem Cook County's proposed basic tier rates by February 9, 1995, and v/ill need additional time to reach a decision on the merits as to whether Continental's proposed basic tier rates are within the Federal Communications Commission s reasonableness standard orjustifiably above the presumptively reasonable level. Section 2. Effective February 9, 1995, Continental is hereby ordered ("Accounting Order") to keep an accurate account, until such a written decision is rendered by the Village, of all amounts paid to Continental by reason ofits proposed basic tier cable rates and on whose behalf such amounts are paid. Section 3. That the Clerk is hereby authorized to publish this Resolution in pamphlet form. Section 4. That this Resolution shall be in full force and effect from and after February 9, 1995 and upon its passage, approval and publication according to law. [ff,$; 5 - Martenthal, Reid, Rubin, Braiman, Hendricks, Moons NAYES: o - None ABSENT 0 - None 2 PASSED:February 6 r995 APPROVED: Februarv 5.1995 PUBLISHED: February 7,1995 ATTEST: APPROVED: SIDNEY H,Village President A*},TY1 S-"!,;^, Villag4€*rk .,