NOTICE ********************************************************* NOTICE ********************************************************* This document was originally prepared in Word Perfect. If the original document contained-- * Footnotes * Boldface & Italics --this information is missing in this version The document format (spacing, margins, tabs, etc.) is changed too. If you need the complete document, download the Word Perfect version. For information about downloading documents (FTP) see file pnmc5021. File pnmc5021 (.txt & .wp) is in directory \pub\Public_Notices\Miscellaneous. ***************************************************************** ******** $//Time Warner Cable of New York City, Order, DA 95-980//$ $47 C.F.R. 1.41, 1.44(e), Petition for Stay of Action/$ $/Part 76 Subpart N, Cable Rate Regulation/$ FOR RECORD ONLY Before the Federal Communications Commission Washington, D.C. 20554 DA 95-980 In the Matter of ) ) Time Warner Cable of New York City ) CUID Nos. and Queens Inner Unity Cable Systems) NY1280, NY1281, NY1340, NY1402 ) Petition for Stay of Bureau Action ) Brooklyn and Queens, NY in Benchmark Rate Order DA 95-429 ) ORDER Adopted: April 28, 1995 Released: May 1, 1995 By the Chief, Cable Services Bureau: 1. On April 6, 1995, Time Warner Cable of New York City and Queens Inner Unity Cable Systems (Time Warner) filed with the Commission a Petition for Stay of Enforcement Pending Reconsideration. The Cable Services Bureau (Bureau) released, on March 7, 1995, an order finding several errors in Time Warner's rate justification filing on FCC Form 393, and made adjustments that resulted in a lowering of Time Warner's maximum permitted rate to a level that produced refund liability. The Bureau directed Time Warner to propose a refund plan, and to adjust its FCC Form 1200 and its current rates to reflect these findings. 47 C.F.R.  76.922(b)(4)(C), 76.957. In addition to its petition for stay, Time Warner has filed a Petition for Reconsideration of the New York Order. Time Warner argues, in its petition for stay, that it will be irreparably harmed if the Bureau does not stay the enforcement of the New York Order pending the resolution of Time Warner's petition for reconsideration. 2. In its petition for stay, Time Warner asserts that it is likely to prevail on the merits in its reconsideration petition; that it will be irreparably harmed absent a stay; that others will not be harmed if a stay is granted; and that the public interest will be served by the grant of a stay. Time Warner's assertion of irreparable harm is based on the Commission's instruction to reduce CPS prices prospectively by some 66 cents per subscriber per month, and upon the likelihood that, should Time Warner prevail on the merits of its petition for reconsideration, these funds would be unrecoverable. Time Warner also notes that if a stay were granted and Time Warner did not prevail on reconsideration, refunds would be paid with accrued interest, at no harm to subscribers. 3. No party has opposed Time Warner's petition for stay. We find that Time Warner could suffer irreparable harm if it were required to comply with the requirements of the New York Order during the pendency of its petition for reconsideration, since it appears that expenditures made in such compliance could be unrecoverable. Because the equities argue for a stay of enforcement, and there is no harm to subscribers or to any other party from such a stay, we need not reach the question of the likelihood of Time Warner's success on the merits of the issues it raises on reconsideration. We will accordingly grant Time Warner's request for stay of the New York Order until such time as Time Warner's petition for reconsideration of that order is resolved. 4. Accordingly, IT IS ORDERED, pursuant to Sections 0.321, 1.41, and1.44(e) of the Commission's rules, 47 C.F.R.  0.321, 1.41, and 1.44(e), that the Petition for Stay of Enforcement Pending Reconsideration filed by Time Warner Cable of New York City and Queens Inner Unity Cable Systems for CUID Nos. NY1280, NY1281, NY1340, and NY1402 IS GRANTED. FEDERAL COMMUNICATIONS COMMISSION Meredith J. Jones Chief, Cable Services Bureau