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HomeMy WebLinkAbout31-99 • • RESOLUTION NO. 31-99 A RESOLUTION OF THE TOWN OF LOS ALTOS HILLS CONSENTING TO THE SALE AND TRANSFER OF A NON-EXCLUSIVE CABLE TELEVISON FRANCHISE FROM PACIFIC SUN CABLE PARTNERS, L.P. TO SUNTEL COMMUNICATIONS, LLC AND AUTHORIZING EXECUTION OF AN ASSUMPTION AGREEMENT WHEREAS,on June 21, 1988, by adoption of Ordinance No. 324,the Town granted to Sun Country Cable, Inc., a California Corporation ("Sun Country"), a non-exclusive franchise for a period of fifteen years from the date of acceptance of the franchise on terms and conditions set forth therein, to install, construct, reconstruct, operate, and maintain a cable communications system ("System")within the Town of Los Altos Hills ("Town"), and WHEREAS, on June 21, 1988, Sun Country and the Town entered into and executed an Agreement entitled "AN AGREEMENT GRANTING A NON-EXCLUSIVE FRANCHISE TO SUN COUNTRY CABLE, INC. TO OPERATE A CABLE TELEVISON SYSTEM IN THE CITY OF LOS ALTOS HILLS AND SETTING FORTH CONDITIONS ACCOMPANYING THE GRANTING OF THE FRANCHISE." ("Franchise"); and WHEREAS, on January 9, 1989, by adoption of Resolution 5-89, the Town consented to the sale and transfer of the Franchise described above to Pacific Sun Cable Partners, L.P., a Washington Limited Partnership ("Franchisee"); and WHEREAS, Franchisee now desires to sell and transfer the Franchise to SunTel Communications, LLC., a Delaware limited liability corporation, ("SunTel"); and WHEREAS, Franchise Procedural Ordinance No. 323 section 4.6(a) requires that prior consent of the City Council ("Council") must be obtained in connection with the sale, transfer, or disposition of any Cable Television Franchise; and WHEREAS, Franchisee and SunTel have requested consent by the Town to the assignment and transfer of all of the assets of the System, including all right, title, interest, and obligations of the Franchisee under the Franchise, to SunTel (the "Transfer") in accordance with the requirements of the Franchise; and WHEREAS,the Transfer is deemed to be in the best interests of the residents of the Town; and WHEREAS, Franchisee, SunTel and the Town each desire to enter into an Assumption Agreement wherein Town shall consent to the sale and transfer of Franchisee's and SunTel's covenants and agrees to assume and to be responsible for - performance of the terms, conditions and obligations of Franchisee under the Franchise; and N:\DATA\Clients\L\LAH\Projects\CableTV\Transfer.RUT • • WHEREAS, the Council has read and considered that certain Assumption Agreement between the Town, Franchisee and SunTel. NOW, THEREFORE, the City Council of the Town does RESOLVE as follows: 1. The Town hereby consents to and approves the transfer of the System and the Franchise from Franchisee to SunTel, all in accordance with the terms of the Franchise. 2. Said transfer is conditioned upon theexecution of the Assumption Agreement, set forth in Exhibit A. The Assumption Agreement must be executed by the Town, Franchisee and SunTel within ten (10) days of the date of this Resolution, or this Resolution will be null and void. 3. Nothing contained herein shall be construed to relieve Pacific Sun of their obligations , to comply with the Franchise and the Town shall have the right to reimbursement for any issues of non-compliance discovered after the Assumption Agreement is executed. 4. The Town of Los Altos Hills hereby approves the Assumption Agreement and the Mayor is hereby authorized on behalf of the Town to execute the Assumption Agreement between the Town, Franchisee and SunTel. 5. This Resolution shall become effective upon the closing of the Transaction provided.the closing of the Transaction occurs within sixty (60) days from the date this Resolution was adopted. PASSED AND ADOPTED this 3rd day of June , 1999. Bydr , : Mayor ATTEST: . City Clerk 2 N:\DATA\Clients\L\LAH\Projects\CableTV\Transfer.RUT