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HomeMy WebLinkAboutRESOLUTION NO. 01-06-12-5 RESOLUTION NO. RESOLUTION APPROVING ASSIGNMENT OF CABLE TELEVISION FRANCHISE FROM TCI AMERICAN CABLE HOLDINGS,L.P. TO MEDIACOM COMMUNICATIONS CORPORATION AND ITS DESIGNATED AFFILIATE WHEREAS, TCI American Cable Holdings, L.P., doing business as AT&T Broadband ("AT&T"), owns, operates, and maintains a cable television system (the "System") in the City of Fairfax, Iowa, pursuant to a cable franchise ("Franchise") granted by the City Council of the City of Fairfax("City"), and is the duly authorized holder of the franchise; and WHEREAS, AT&T and Mediacom Communications Corporation are parties to an Asset Purchase and Sale Agreement C Agreement") pursuant to which the System and the Franchise will be assigned to Mediacom Communications Corporation, or any entity controlling, controlled by, or under the common control with Mediacom Communications Corporation (collectively "Mediacom"), (the "Assignment"); and WHEREAS, AT&T and Mediacom have requested the consent of the City to the Assignment in accordance with the requirements of the Franchise, and have provided information necessary in. order to facilitate a decision by the City("Assignment Application"); and WHEREAS,the City finds Mediacom to be a suitable assignee. NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FAIRFAX,IOWA THAT: 1. The City of Fairfax accepts the Assignment Application and consents to the Assignment to Mediacom,in accordance with the terms of the Franchise. 2. This Resolution shall become effective upon the closing of the transaction contemplated by the Agreement. Passed and approved this ?' day of jt- , 2001. `L.I" MAYOR, CITY OF FAIRFAX,IOWA ATTEST: ) &/L-f, \ {2�um li-, CITY CL&K,FAIRFAX,IOWA I, the undersigned, being the duly appointed, qualified and acting Clerk of the Town of Fairfax, Iowa, hereby certify that the foregoing Resolution No.. is a true, correct and accurate copy as duly and lawfully passed and adopted by the governing body of the Town of Fairfax, Iowa this != f day of -/c . ,2001, e .a I Clerk t