Loading...
88-7476R37 RESOLaTION No. 7476 RESOLUTION APPROVING AN EXTENSION OF TIKE FOR THE EXECUTION OF TRANSFER DOCQKF.NT$ WHEREAS, the City of .Richfield ~ Minnesota ("City") has granted a cable television franchise (the "Franchise") to Rogers Cablesystems of Minnesota Limited Partnership ("RCMLP") pursuant to the City's cable communications ordinance (the "Franchise Ordinance"); and WHEREAS, Rogers Cablesystems of the Southwest, Inc. ("RCTSI") is the sole general partner of RCMLP and is a wholly- owned subsidiary of Rogers U.S. Cablesystems, Inc. ("RUSCI"), which is a wholly-owned subsidiary of Rogers Cablesystems of America, Inc. ("RCA") (collectively hereinafter referred to as "Rogers Companies"); and WHEREAS, on or about June 13. 1988 ,.the City, pursuant to Resolution No. 7420 approved the transfer of the franchise from RCMLP to RCTSI; and WHEREAS, the74pproval of the transfer considered in Resolution No. 2200 is conditioned on the filing by RCTSI of necessary documents in conformance with .the requirements in Article XZV, Section 2, of the Franchise Ordinance; and WHEREAS, due to matters arising from the sale of RCA Cablesystems Holding Co., there is a need to extend the time for execution and filing of the documents required by Resolution No. 7420 and WHEREAS, RCTSZ acknowledges that the Stipulation of . Settlement and Release approved by the SWSCC and submitted for approval to its Member Cities shall be binding on RCMLP; NOW,~~THEREFORE, BE IT RESOLVED: The City hereby consents to the extension of time for filing documents required by Section A of Resolution No. 7420 as follows: That the Acceptance Agreement containing the requirements set forth in Article XIV, Section 2 of the Franchise Ordinance will be executed and filed with the City on or before March 1, 1989. Passed and adopted this 14th day of November , 1988, by the City of Richfield DATED: November. 14, 1988 City of field ,; j~ By Its ~ ayor ATTE,S /1 ~ '`-~ City Clerk RESOLAPP/SWZ