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2000-08 RESOLUTION NO. 2000-08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, AUTHORIZING THE TRANSFER OF A CABLE TELEVISION FRANCHISE WHEREAS,Comcast Cablevision of San Bernardino,Inc.(the"Franchisee")currently owns and operates the cable television system(the"System")operating in the City of Grand Terrace(the Franchise Authority") and is the duly authorized holder of a franchise permit, license, or other authorization granted by the Franchise Authority (as amended to date, the "Franchise"); and WHEREAS, Comcast Corporation, the parent company of the Franchisee, and Adelphia Communications Corporation ("Adelphia") have entered into an agreement (the "Exchange Agreement"), dated May 25, 1999, pursuant to which Comcast has agreed to transfer substantially all of the assets of the System,including its rights under the Franchise,to Adelphia or its subsidiaries in a series of transactions in which (i) the Franchisee shall be converted from a corporation to a limited liability company under Delaware law and(ii)all of the LLC interests in the Franchisee will be transferred to Clear Cablevision, Inc. ("Transferee"), a wholly owned indirect subsidiary of Adelphia (the "Transactions"); and WHEREAS,Franchisee and Transferee have requested consent by the Franchise Authority to the Transactions in accordance with the requirements of the Franchise and have filed an FCC Form 394(the"Transfer Application")with the Franchise Authority describing both the Transferee and the Transactions; and WHEREAS, the Franchise Authority has reviewed the Transfer Application,examined the legal,financial and technical qualifications of Transferee,followed all required procedures in order to consider and act upon the Transfer Application, and considered the comments of all interested parties; and WHEREAS,the Franchise is in full force and effect without default thereunder by Franchisee as of the date hereof in accordance with its terms and conditions as set forth therein, and Transferee has agreed to comply with the Franchise and applicable law from and after the completion of the transfer; and WHEREAS,the Franchise Authority believes it is in the interest of the Franchise Authority to approve the Transfer Application and the transfer of control of the Franchise to Transferee,all as described in the Transfer Application; NOW,THEREFORE,the City Council of the City of Grand Terrace,does hereby resolve as follows: SECTION 1.The Franchise Authority hereby consents to the Transactions,all in accordance with the terms of the Franchise. SECTION 2. The Franchise Authority confirms that(a)the Franchise was properly granted 1 or transferred to Franchisee, (b)the Franchise represents the entire understanding of the parties and Franchisee has no obligations to the Franchise Authority other than those specifically stated in the Franchise, and (c)Franchisee is materially in compliance with the provisions of the Franchise and there exists no fact or circumstance known to the Franchise Authority which constitutes or which, with the passage of time or the giving of notice or both,would constitute a material default or breach under the Franchise or would allow the Franchise Authority to cancel or terminate the rights hereunder, except upon the expiration of the full term of the Franchise. SECTION 3. Following the Transactions, Franchisee may transfer the System and/or the Franchise, or control related thereto, to any entity controlling, controlled by, or under common J control with Franchisee. SECTION 4. The Franchise Authority hereby consents to and approves the assignment, mortgage, pledge, or other encumbrance, if any, of the Franchise, the System, or assets relating thereto, as collateral for a loan. SECTION 5. This Resolution shall be deemed effective for purposes of the Transactions upon the consummation of the transactions contemplated by the Exchange Agreement. SECTION 6. This Resolution shall have the force of a continuing agreement with Franchisee and Transferee, and the Franchise Authority shall not amend or otherwise alter this Resolution r_4 without the consent of Franchisee and Transferee. Section 7. The Franchise Authority releases Comcast Corporation and each of its subsidiaries, effective upon the consummation of the Transactions contemplated by the Exchange Agreement,from all obligations and liabilities under the Franchise that accrue on and after the consummation of the Transactions contemplated by the Exchange Agreement; provided that the Franchisee shall be responsible for any obligations. and liabilities under the Franchise that accrue on and after the consummation of the Transactions contemplated by the Exchange Agreement. PASSED, APPROVED AND ADOPTED this 27' day of April, 2000. May of the City of rand errace ATTEST: City Clerk of the City of trand Terrace 2 - I, BRENDA STANFILL, City Clerk of the City of Grand Terrace, do hereby certify that Resolution No. 2000-08 was introduced and adopted at'a regular meeting of the City Council of the City of Grand Terrace held on the 27`'' day of April, 2000, by the following vote: AYES: Councilmembers Hilkey, Garcia, and Larkin; Mayor Pro Tem Buchanan and Mayor Matteson NOES: None ABSENT: None ABSTAIN: None �k4 Brenda Stanfill, City Clerk 1 Approved as to form: _ City Attorney 3