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HomeMy WebLinkAboutORDINANCE - 2373 - 6/14/1994 - ACCOUNTING ORDER ORDINANCEORDINANCE NO. 2373 ACCOUNTING ORDER ORDINANCE WHEREAS, pursuant to the Communications Act of 1934, as amended by the Cable Television Consumer Protection and Competition Act 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 Elk Grove Village and all equipment, installation, and other services used for such basic tier service; and WHEREAS, pursuant to the Act, Continental Cablevision of Northern Cook County ("Continental") submitted to the Village, on November 23, 1993, its FCC 393 form, requesting approval of its basic tier cable rates. Continental then, on December 29, 1993, submitted to the Village its cost -of -service justification for its basic tier rates; and WHEREAS, 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 judgment 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 WHEREAS, the Village, pursuant to Resolution No. 7-94, tolled the effective date of Continental's proposed basic tier rates until June 27, 1994; and WHEREAS, 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 of the 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 of the tolling period requesting Continental to keep an accurate account, until a written decision is rendered by the Village, 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 June 27, 1994, 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, THEREFORE, BE IT ORDAINED by the President and Board of Trustees of the Village of Elk Grove Village, Counties of Cook and DuPage, Illinois as follows: Section 1: The Village will not have completed its review of Continental Cablevision of Northern Cook County's proposed basic tier rates by June 27, 1994, and 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. Section 2: Effective June 27, 1994, 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 of its proposed basic tier cable rates and on whose behalf such amounts are paid. Section 3: That the Village Clerk is authorized to publish this Ordinance in pamphlet form. -2- Section 4: That this Ordinance shall be in full force and effect from and after its passage, approval and publication according to law. VOTES: AYES: 6 NAYS: 0 ABSENT: 0 PASSED this 14th day of June 1994. APPROVED this 14th day of June 1994. Dennis J. Gallitano Village Presi eni ATTEST: Patricia S. Smith Village Clerk By: Ann I. Head Deputy Village Clerk PUBLISHED this 17th day of June 1994 in pamphlet form. -3-