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1994-02® Y o RESOLUTION NO. 94- 2 WHEREAS, the Village of Buffalo Grove (the Village) has certified with the Federal Communications Commission (FCC) to regulate cable rates; and, WHEREAS, the Village has agreed to follow FCC guidelines as prescribed by that Agency in accordance with the Cable TV Competition and Consumer Protection Act of 1992; and, WHEREAS, that prescribed rate review process calls for the municipality to provide the reasonable opportunity for the consideration of the views of interested parties; and, WHEREAS, the Village has resolved to carry forth and participate in the rate regulatory process through the Continental Regional Cable Group (the Group) ; and, WHEREAS, FCC rules require the franchise authority to issue, within 30 days of the receipt of the rate justification submittal from the cable operator, a written order containing the decision to approve or disapprove the rates, or extend the review process; and, WHEREAS, the Group has conducted, in accordance with FCC requirements, a public hearing on the rate justification submittal received by the Village from Continental Cablevision of Northern Cook County (Continental) on December 29, 1993, and moved to extend the rate review process. NOW, THEREFORE, be it resolved by the President and Board of Trustees of the Village of Buffalo Grove, Cook and Lake Counties, Illinois, as follows: 1. That the Village of Buffalo Grove, in conformance with prescribed FCC guidelines, hereby extends the review process of the rate justification submittal received from Continental for a 150 day period beginning from January 29, 1994 to June 28, 1994, within which time the Group will determine whether to approve or disapprove the reasonableness of the rates as contained therein. AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman, Hendricks NAYES: 0 - None ABSENT: 0 - None PASSED: January 17, 1994 APPROVED: ,January 17, 1994 ATTEST: % . O✓ia� Villa Clerk APPROVE Village - President