Authorizing the City's Chief Innovation Officer or their designee to enter into a cable television franchise renewal agreement with Verizon Pennsylvania LLC, renewing the cable television franchise granted by the City to Verizon, for Franchise Areas I, II, III and IV of the City, all under certain terms and conditions.

Authorizing the City’s Chief Innovation Officer or their designee to enter into a cable television franchise renewal agreement with Verizon Pennsylvania LLC, renewing the cable television franchise granted by the City to Verizon, for Franchise Areas I, II, III and IV of the City, all under certain terms and conditions. WHEREAS, Verizon holds a franchise authorizing it to own, operate and maintain a Cable System, as defined in the Communications Act of 1934 (the “Communications Act” or “Act”), as amended, in and along the public rights-of-way and streets of the City for the purpose of providing Cable Service, as defined in the Act, in each of Franchise Areas I, II, III and IV; and WHEREAS, the Act provides that the City may require that Verizon obtain a cable franchise from the City as a condition of its operating such a Cable System and furnishing such Cable Service over the system in the City; and WHEREAS, Chapter 11-700 of The Philadelphia Code requires that Verizon hold a cable franchise from the City before operating a Cable System or providing Cable Service in the City, and further provides that the Council of the City of Philadelphia must approve any such franchise or its renewal by ordinance; WHEREAS, Verizon has notified the City that it desires to renew such cable franchise and the City desires to grant renewal of the cable franchise Verizon holds for Franchise Areas I, II, III and IV; and WHEREAS, Council, by advertising and holding public hearings on this ordinance…