City Council Approves Comcast Buyout of Time Warner
Approval from the Lincoln City Council Monday of the cable franchise agreement between Comcast and the city of Lincoln, if the FCC approves of Comcast's buyout of Time Warner Cable. The change would not initially affect rates for cable, internet, or phone service; However, that does not mean rates couldn't increase in the future. The plan to build four new fire stations and upgrading the city's 911 communications system is on the back burner for now. Six of the Lincoln City Council members at Monday night's meeting said they supported the $34-million bond, but wanted more time to look it over before it appears on an election ballot which will now be in April at the earliest. Council members also approved of the city's $339-million, two-year budget plan on a 4-2 vote.