Bill Summary – FastDemocracy

ENROLLED ORIGINAL

                                           AN ACT

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                   IN THE COUNCIL OF THE DISTRICT OF COLUMBIA

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To approve, on a temporary basis, the transfer of control of the open video franchisee Starpower

       Communications, LLC and its District of Columbia open video system from Radiate

       Holdings, LP to Stonepeak Associates IV, L.L.C.

        BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this

act may be cited as the Approval of the Transfer of Control of Open Video System Franchisee

and Its Open Video System from Radiate Holdings, L.P. to Stonepeak Associates IV, LLC

Temporary Act of 2021.

        Sec. 2(a). The Council approves the transfer of control of Starpower Communications,

L.L.C. (Franchisee) and its open video system serving the District from Radiate Holdings, LP

(Radiate) to Stonepeak Associates IV, L.L.C. (Stonepeak), in accordance with section 501 of

the Office of Cable Television, Film, Music, and Entertainment Amendment Act of 2015,

effective October 9, 2002 (D.C. Law 14-193; D.C. Official Code  34-1255.01), and the

franchise agreement between the Franchisee and the District dated March 14, 2019 (Franchise

Agreement).

        (b) The Councils approval of the transfer is subject to the following conditions:

                (1) That within 3 business days after the effective date of the Approval of the

Transfer of Control of Open Video System Franchisee Starpower Communications, L.L.C and

Its Open Video System from Radiate Holdings, L.P. to Stonepeak Associates IV, LLC

Emergency Act of 2021, effective April 28, 2021 (D.C. Act 24-51; 68 DCR ___), the District

and the Franchisee, RCN Telecom Services, LLC., Radiate Holdings GP, LLC on its own behalf

and Radiate and Stonepeak enter into a transfer agreement effective on or about June 30, 2021,

substantially in the form of the Transfer Agreement that was submitted by the Mayor to the

Council on March 30, 2021 (Transfer Agreement); and

                (2) That the Transfer conform to all terms and conditions described in the

Transfer Agreement and the transfer petition filed by the Franchisee with the Office of Cable

Television, Film, Music and Entertainment on December 17, 2020, as supplemented by

responses to all subsequent information requests.

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                                                                       ENROLLED ORIGINAL

       (c) If a condition specified in subsection (b) of this section is not satisfied, the Council's

approval of the Transfer shall become void.

       (d) The Mayor may execute the Transfer Agreement on behalf of the District.

       Sec. 3. Fiscal impact statement.

       The Council adopts the fiscal impact statement of the Chief Financial Officer as the fiscal

impact statement required by section 4a of the Legislative Procedures Act of 1975, approved

October 16, 1975 (120 Stat. 2038; D.C. Official Code  1-301.47a).

       Sec. 4. Effective date.

       (a) This act shall take effect following approval by the Mayor (or in the event of veto by

the Mayor, action by the Council to override the veto), a 30-day period of congressional review

as provided in section 602(c)(1) of the District of Columbia Home Rule Act, approved December

24, 1973 (87 Stat. 813; D.C. Official Code  1-206.02(c)(1)), and publication in the District of

Columbia Register.

       (b) This act shall expire after 225 days of its having taken effect.

               ______________________________

               Chairman

               Council of the District of Columbia

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Mayor

District of Columbia

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