90-7625RRESOLUTION N0. 7625
RESOLUTION GIVING APPROVAL TO A CHANGE OF NAME OF
GRANTEE FROM ROGERS CABLESYSTEMS OF THE SOUTHWEST,
INC. TO KBL CABLESYSTEMS OF THE SOUTHWEST, INC.
D/B/A PARAGON CABLE
WHEREAS,. Rogers Cablesystems of the Southwest, Inc.
("RCTSI") is the current grantee under the cable communications
ordinance ("Franchise") of the City of Richfield, Minnesota
("City"); and
WHEREAS, RCTSI desires to change its corporate name to KBL
Cablesystems of the Southwest, Inc., d/b/a Paragon Cable
("KBLCSI") and has requested the City's approval of the name
change; and
WHEREAS, RCTSI does not intend to make. any changes to its
ownership structure or to the control of its operations, but
desires only to change its name; and
WHEREAS, KBL Cable, Inc. ("KBLC") and KBLCOM Incorporated
("KBLCOM") are the guarantors of RCTSI's obligations under the
Franchise pursuant to a Consent Agreement and Guaranty of
Performance given to the City; and
WHEREAS, the Southwest Suburban Cable Commission ("SWSCC")
reviewed the .request for approval of RCTSI's name change and
found no reason to disapprove of-the request, provided KBLC,
KBLCOM, and KBLCSI first acknowledge and agree in a writing
acceptable to SWSCC's member cities that KBLCSI is the. corporate
successor of RCTSI for all purposes under the Franchise and that
KBLC and KBLCOM reaffirm their status as guarantors of KBLCSI's
as guarantors of KBLCSO's obligations under the Franchise; and
WHEREAS, the City ,joins in the foregoing findings of SWSCC.
NOW, THEREFORE, BE IT RESOLVED:
1. The City hereby consents to and approves the change of
the name of the grantee under the Franchise from Rogers
Cablesystems of the Southwest, Inc. to KBL Cablesystems of the
Southwest, Inc., d/b/a Paragon Cable, provided KBLCOM
Incorporated, KBL Cable, inc., and KBL Cablesystems of the
Southwest, Inc. first file with the City an Acceptance and
Consent in a form and substance acceptable to the City.
2. The City declares that as of the time of this
Resolution, the Franchise and all agreements entered into by
RCTSI in connection therewith shall remain in full force and
effect, except that KBL Cablesystems of the Southwest, Inc. shall
be deemed to have been substituted as grantee and shall be
obligated as RCTSI's successor in interest to perform all of
RCTSI's duties and obligations thereunder.
Passed by the City Council of the C
14th day of May, 1990.
AT~T
Thomas P. Ferber City Clerk
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