HomeMy WebLinkAbout1988 Resolution No. 048I
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RES OLUTION NO,
SEf<IES OF 1988
~ RE SOLU TION OF THE CITY OF ENGLEWOOQ CONSE NTIN G TO A CHANGE OF
O\i!:ERSHIP 01' UNIT ED CABLE TE LEVISION CORPORATION , PA RENT COMPANY
OF UNI TED CABL E TELEVI SION 0 1' CO LOR ADO, I NC ., MAJ ORI TY STOCK-
II OLDE R OF MOUN TAIN STATES VIDE O, IN C. , TIIE CURRE NT HOLDER OF A
l'RlltJCIIISE AU TH ORIZING THE OP ERA TIO N l\llll MAINTENANCE OF A CA BL E
TE f,EVI S ION SYS".'!':f'. IN TH E CITY .
w~:·~EAS , Mot intai n St a tes Video, Inc., a Cnlorado
c orpor~t i o n (''Gran tee '') i s the du ly a u thorized holder of a
fr a nchis ~! (as a~endcd to date, t he ''Fr an chise 11 ) authorizing the
n pc r ation anrl ma i nten ance of a cab l e telev isio n system an d
a11t 'l o rizinq r.r ante e t o se.::ve the Cit y o f Engle,•oo d (the
1'Gr ant 0 r 11 ) wit h cable t el evis i on services ; and
WHEREAS , th e maj o rit y sto ckholder o f Gr antee is Unit ed
Cable Television o f Colorado , In c ., a Co lorado corpor a tion; and
NHERE AS , Grant ee h as a dvised Grant er that t he o u tstanding
capital s tor.k of United is t o be s o ld and af ter such sale is t o
be he l by United Artist s Holdings, Inc .; a nd
1-HIEREAS , a lthough Grantee be lieves the above-described
transact iion does no t constitute a sale, tran s f e r, lease, assign -
ment o r d isposition of t he Franch i se o r a c hange in, transfer of,
o r ac~uisit io n of contro l of Gra ntee an d the refore may not be a
transaction r equ iring the c o nsen t of Grant e r, Gra~tee ~~v~rthe-
l ess ha s i nfo r ~ed Granter o f such pending transac ti on •~d has
r e qu ested t h a t Gr a~tor consent ther eto in the form hereinafter
set f o rth;
NO W, THEREF ORE , BE IT RESOL VED BY THE CI TY COUNCIL OF THE
CI TY OF EN GL EWOOD, CO LOR AD O, THl\T:
SP.ction 1 . To t he ex tent that th e consent of ,ranter is
r e q uired b :• t he t e rm s o f the Franchise and applicable municipal
law, Gr a n t ur h e r eby c o n sen t s t o the change in the ownership of
t he s t oc k nf Un i ted that is described in the recita ls hereto.
Section 2 . The consent herei n g r c nted does not constitute
and shal l no t be co ~strued to c o nst itute~ waiver of any
o bligations o f Grantee und e r the Fr a nch i se .
ADO PT ED AN D l\PPRO VED th is 18 t h day of July, 1988.
Atte st :
/1 t l (Q I., . /,!/:_1-(,t, f,
Patricia H. Crow, City Clerk
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I, Patricia H. Crow, Ci ty Clerk of the City of Eng l ewood,
Co l o r a d o , hereby c e rtify that the above is a tru e copy of
Resolution No.:.:.:.._, Series of 19 80 .
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r U 'i:!l 1 ·1 ( 'b e ,
Patricia H. Crow .~1
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