City is to fix the time (9)
I believe the answer is:
anchorage
'city' is the definition.
(Anchorage is an example)
'fix the time' is the wordplay.
'fix' becomes 'anchor' (anchoring is a kind of fixing).
'the time' becomes 'age' (an age is a period of time).
'anchor'+'age'='ANCHORAGE'
'is to' acts as a link.
(Other definitions for anchorage that I've seen before include "Place for ships to stop" , "Place for ship to stay - Alaska city" , "large northern city" , "US port" , "Largest city in Alaska" .)