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HomeMy WebLinkAbout99-27Resolution NO. 99 -17 •' REEOLUTiON OF THE CITY OF ELGIN, ILLINOIS, CONSENTING TO THE TRANSFER OF CONTROL OF THE.. CABLE TELEVISION FRANCHISEE FROM .ZONES INTERCAHLE INC. TO TCI ILLINOIS HOLDINGS LF WHEREAS, denes Cnhle IT Fund 15 -A Ltd. (the "Franchise" ") is the holder of a franchise (the "franchise ") Lo provitle cable television service in the City of Elgin (the "Mnnlciyality ") pursuant to lranrhise :111recment betwe e the Municipalil.y, dated December 10, 1969 (toq ether with any a ondmOnts the " 'Tranchise Agreement ) and the Mnnlclpelity's Ordinance NO. 5 -935 (the "Cable Ordinance "). The Franchise Agreement. and Ltd Lable Ordinance arc collectively referred to as the "Vf:anchine Documents'; and WHEREAS, Lie Franchisee and 1'CS Of WesL Virginia, Inc. tohlethcr with Franchisee ( "Transfer Parties ") loinLly submitted to the Municipality their application on Federal Communications Commission ( "FCC") Form 394, dated September 30, 199E the "Application "), requestin9 that the Municipality approve the transfer r of u,rjt,rcj or the franchise from Franchisee 1.0 TCI at Phone fully described tborein (the "Transfer of Control'); -Ind WHEREAS, pursuanl to the Information requests of the • MOriCipalltyn the TuansfeF Patties supplemented LLe Application with additional documents acid rnfQimatiOn and WHEREAS, the 'TranstOr Parties have made Variouls rCpressntatinnF in Lha ApP1lCOtlon and supplemental information Lheretu Inciudigig that the 'PransfOr, which will result. in the n ise transfer ul the Franch from the Franchisee to TC1, is not expected to r autt in an ase i cable television service to 1. IS reduce the quality Of cable television ruotimmOr servICI P, of the goal ity of Cable television service to Lhe Municipal itY; cud SIR NEAS, the Municipality, hod the 'I'ranctur Parties have negetlated an agreement regarding certain Conditions Of this lint (tile "Tranrler Agreement "), copy Of which is attached ae Exhibit A and rn incorpoated by reference.. NOW, 'THEREFORE, RE IT 4F.SOLV4D HY THE CITY COUNCIL OF THE CITY OF ELI:IN, ILLINOIS, that in reliance It the representations and Infatuation submitted in the Application and supplemental information thereto and subject. to the. Condi Li ons bet forth In the transfer Agreement, the Municipality herehy, coxi,,nts to the Transfer of the Franchise firm Ffamhir to TC1 described in till Application and supplemental informs Linn Choreto • • BL IT FURTHLB RESOLVED Lhat the Municipality's Consent is SUbject to the Tranefer Parties a e cutlny and delivefing to the Municipality by no later than 30 days after closing which is scheduled to Occur during Lhe tirst quarter of 1999 a Transfer Agreement In the form of the attached Exhibit A. if the Tranefer Parties fall to to so, the Munfcipalily'a eat to the Trxnster shall be null and void and the Application shall be denied. BI f IT FARTHER RESOLVED that, by consent, the Municipality does not agree to any renewal XtresSion of the Franchise. Any pending a futlu'e r val o extension Of the Franchise shall he subject to applicable federal, slate and local laws, tLr Franchise Documents, and the 'Transfer Agreement. LSE IT FURTHER RESOLVFO that Kevin Melly, Mayor, and Do l arms MCCUm, City Clerk, be and are hereby au the riz ed and directed m cute and deliver the Tfunsfer Agreement In snbstantlally the form of the at Lachod Exhibit A, Logether with m.h ml agreed upon changes as the Mayor may approve a ary or deS lrehl e, such approval t'.o be so I ic - lus i'+ely evidenced by the execution of the Trans ^'444 AAgr V V�11• HobC[t Gilliam, MnYn[ Vra TOM Vresel,Led: Jnnuafy 27, 1'199 Adopted: January 27, 1999 Vote: yeas 11 Nays 0 Attest: Ltnl onus Melvin, f.ity Cie [k •