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HomeMy WebLinkAbout115-88 • RESOLUTION NO. 115-88 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS CONSENTING TO THE SALE AND TRANSFER OF A NON-EXCLUSIVE CABLE TELEVISION FRANCHISE FROM SUN COUNTRY CABLE, INC. TO SUN COUNTRY CABLE HOLDINGS, L.P. AND AUTHORIZING EXECUTION OF AN ASSUMPTION AGREEMENT IN CONNECTION THEREWITH RESOLVED, by the City Council of the Town of Los Altos Hills, County of Santa Clara, State of California, that WHEREAS, on June 21, 1988, the City Council adopted Franchise Procedural Ordinance No. 323 entitled wherein the Town was authorized to grant one or more non-exclusive franchises to operate a Cable Television System in the TOWN OF LOS ALTOS HILLS (herein called the "TOWN") subject to certain provisions, terms and conditions; and WHEREAS, on June 21, 1988, by adoption of Ordinance No. 324, the City Council granted to Sun Country Cable, Inc., a Corporation, a non-exclusive franchise for a period of fifteen years from the date of acceptance of the franchise on the termsand conditions therein set forth, to install, construct, reconstruct, operate, and maintain a cable communications system within the Town of Los Altos Hills, and which franchise incorporated by reference the provisions of Ordinance No. 323; and • WHEREAS, on June 21, 1988, Sun Country Cable Inc., (herein called "SUN") and the Town of Los Altos Hills (herein called 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 TELEVISION SYSTEM IN THE CITY OF LOS ALTOS HILLS AND SETTING FORTH CONDITIONS ACCOMPANYING THE GRANTING OF THE FRANCHISE" (herein called the "AGREEMENT"); and WHEREAS, SUN desires to sell and transfer its Franchise described in Ordinance No. 324 and in the Agreement to SUN COUNTRY CABLE HOLDINGS, L.P., a Limited Partnership (herein called the "LIMITED PARTNERSHIP"); and WHEREAS, Franchise Procedural Ordinance No. 323 requires that the prior consent of the TOWN be obtained in connection with the sale, transfer, or disposition of any Cable Television Franchise; and WHEREAS, SUN, LIMITED PARTNERSHIP and TOWN each desire to enter into an Assumption Agreement wherein TOWN shall consent to the sale and transfer of SUN's non-exclusive franchise and LIMITED PARTNERSHIP covenants and agrees to assume and to be responsible for performance of the terms, conditions and obligations of SUN under the Franchise but without relieving SUN of its obligations to perform under the terms of Ordinance Nos. 323 and 324, and the Agreement; and -2- e • • WHEREAS, the City Council of the Town of Los Altos Hills has read and considered that certain Assumption Agreement between the TOWN OF LOS ALTOS HILLS and SUN COUNTRY CABLE, INC, a Corporation, and SUN COUNTRY CABLE HOLDINGS, L.P., a Limited Partnership. NOW, THEREFORE, IT IS HEREBY FOUND, ORDERED AND DETERMINED as follows: 1. Public interest and convenience require the granting of consent and entering into of the Assumption Agreement described above, and the Town of Los Altos Hills hereby consents to the sale and transfer of the non-exclusive cable television franchise described above from Sun Country Cable, Inc. to Sun Country Cable Holdings, L.P. and further hereby approves the above described Assumption Agreement. 2. The Town of Los Altos Hills shall enter into and the Mayor and the City Clerk of the Town of Los Altos Hills be, and they and each of them hereby is, authorized and directed on behalf of the Town, respectively, to execute and attest the Assumption Agreement described above. REGULARLY PASSED AND ADOPTED this a/14 day of October, 1988. BY MAYOR ATTEST: CITY C K . 92788 -3- ii