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1985-124152C(18`-mSE:041185 BILL CVO. 1965-12 AN ORDINANCE AMENDING ORDINANCE NC. $,33 TO CHANGE THE NAME OF GRANTEE; TO EXTEND THE FRANCHISE TERM; TO CHANGE THE INSURANCE REQUIREMENTS; AND TO CHANGE THE COMPUTATION OF THE PURCHASE PRICE TO BE PAID BY CITY UPON EXPIR~ITION OF THE FRANCHISE. THE CITY OF _ RTCHFIFI D , MINNESOTA DOES ORDAIN: SECTION 1. That Article I, Section 2, Paragraphs J and S of said Ordinance be amended to read as follows: J. "Grantee" is Mit~t~esflta-£si~.es~s-t~-~~~ .Rogers Cablesvstems of Minnesota Limited Partnership, a Minnesota limited partnership, with Rogers Cablesvstems of Minnesota, Inc a Minnesota corporation, as the General PartnQrr-3.-t-~-~~?~-~--o-r- emplayees: S. "SWSCC" shall mean the Southwest Suburban -E~~--€,.t~y.. Cable Commission. SECTION 2. That Article II, Section 4 of said Ordinance be amended to read as follows: 1 [i This Franchise shall commence upon acceptance by Grantee and shall expire on December 31, 1995. Provided, however, that if by December 31, 1987, Grantee (i) is able to close on, and have funded, without conditions, new long term financing, reasonably satlstactorv to City, to replace the obligation evidenced by loan documents dated Aa_ril 1, 1982, from Grantees to Toronto Dominion Ba of Toronto, Canada, in the original arinci al amount of Eighteen Million and No/100 Dollars (518,000,000.00) (the "Existing Indebtedness"), and (ii) gives written notice of such new fi*~ancin+ to City with written evidence thereof reasonably acceptable to City over the matter C i tv and Grante any such a owever, to ed, and the FCC _a jurisdiction 1S r31-P rPrni i rcrl aZ7 roval~ dLC LCC~ulrec~, gnu are not ootainea, ror any reason, then the four (4) year extension shall not become effective. If such extension becomes effective, Grantee and' City shall scan and deliver an agreement evidencing such extension, but. such extension shall be effective even without such additional agreement . SECTION 3. That Article V, Section 2 of said Ordinance be amended by adding thereto a new Paragraph F as follows: 4152C(l$):TSF-^~~1R5 F. Citv may waive, at anv time and from time to time, for good cause shown, by Council resolution, com~lianc~ by Grantee with anv or all or the requirements imposed on Grantee by this Section 2 _ relative to providing service to anv extended area or areas. SECTION 4. That Article VIII, Section 2, Paragraph A, subparagraph (4) of said Ordinance be amended to read as follows: {4) Any and all claims which Grantee may now or hereafter have or claim to have against City, its officers, boards, commissions, servants, agents, employees or officials, due to or arising out of, damage to any of Grantee's property or equipment, including, without limitation, resulting or consequential Ioss of income, injury to reputation, or any other resulting or consequential damages of any kind, caused by or resulting from acts or 'omissions of City or any of its officers, boards, commissions, servants, agents, employees or officials. SECTION 5. That Article VIII, Section 3, Paragraph A of said Ordinance be amended to read as follows: A. Gr-antee shall maintain liability insurance covering its obligations of indemnification provided for in, or as a result of the exercise of, this Franchise (except, however, for the indemnifications in subparagraph (3) of Article VIII, Section 2, Paragraph A of this Franchise) covering both the City and Grantee and shall maintain said insurance during the term of this Franchise in the minimum vf; 1. $500,000.00 for property damage to any one person; 2, $2,000,000.00 for property damage in any one act or occurrence; 3. $1,000,000.00 for personal injury to any one person; and 4, $2,000,000.00 for personal injury in any one act or occurrence. The foreaoina insurance may be Drovided by means of a blanket liability insurance policv or policies with an annual aggregate limitation of not less. than 526,000,000.00. SECTION 6, That Article VIII, Section 3, Paragraph E of said Ordinance be amended to read as follows; _~_ 4152C(18):TSE:04I185 E. All insurance policies maintained pursuant to this Franchise shall contain the following endorsements and provisions: (i) It is hereby understood and agreed that this insurance policy may not be cancelled nor the intention not to renew be stated until 60 days after receipt. to City, by registered mail, of written notice of such intention to cancel or not to renew. (ii) A waiver of subrogation, in form and substance acceptable to Citv, as to any and all claims against the City which are waived hereunder by Grantee or as to which Grantee has agreed hereunder to indemnify and hold harmless the Ci and its officers, boards, commissioners, servants, officials, agents and employees (iii ) A_ provision that if .the agree ate insurance coverage of the blanket policies arovided by Grantee is ever reduced below 510,000,000.00, then notice of such fact shall promptly be coven to City by Grantee or Grantee's insurance agent and additional liability coverage shall immediately be purchased by Grantee so as to restore the annual aggregate to the minimum amount then required under this Franchise. SECTION 7. That Article XI, Section 2, Paragraph C of said Ordinance be amended to read as follows: 'C. The purchase price of the System to be paid by City upon revocation or termination of the Franchise shall be the cost less depreciation (as shown on the books and records of Grantee) or the fair market value, whichever is less, and goodwill shall not be included in the purchase price of the System. However, if this Franchise expires (and is not revoked or terminated) and if Grantee has complied with the requirements of Article II Section 4 of this Franchise, and all required approvals are obtained, so that the Franchise term is extended for an additional four (4) years pursuant to said Section 4, then the purchase price of the System to be aid by City u on expiration of this Franchise shall be the fair market value of the System determined on the basis of the System valued as a going concern but with no value given or allocated to _this Franchise itself. If the Citv and Grantee cannot agree on the purchase price, it shall be determined by arbitration pursuant to the provisions of this Section SECTION 8. This Ordinance will be effective in accordance with the provisions of Article XIV of said Ordinances including delivery -3- 4152C(18):TS~,:041185 to City of the acceptance, opinion of legal counsel, guarantees ann other documents as required by said Article XIV. SECTION 9. Subject to the provisions of Section 8 hereof, this Ordinance shall be in full force and effect upon adoption and publication. Passed and adopted this 1Qth day of June 1985. ATTEST: ~s Thomas Ferber- City Clerk i 1 City of RICHFIELD MINKcSOTA Minnesota Suburban Newspapers, inc. AFFIDAVIT OF PUBLICATION STATE OF MINNESOTA) SS. COUNTY OF HENNEPIN) Dona 1 d K . Mo r t e n s o n ,being duly sworn on an oath says that he/she is the publisher or authorized agent and employee of the publisher of the newspaper known as Richfield Sun-Current are stated below. and has full knowledge of the facts which (A) The newspaper has complied with all of the requirements constituting qualification as a qualified newspaper, as provided by Minnesota Statute 331A.02, 331A.07, and other applicable laws, as amended (B) The printed B i 11 No . 7 9 8 5 -1 2 which is attached was cut from the columns of said newspaper; and was printed and published once each week, for one successive weeks; it was first published on Ta e d n e s d a y ,the 1 9 day of June . 19 8 5 and was thereafter printed and published on every and including t0 the day of , 19.-; and printed below is a copy of the lower case alphabet from A to Z, both inclusive, which is hereby acknowledged as being the size and kind of type used in the composition and publication of the notice: abcdefghijklmnopgrstu~wxyz ~~ y BY: TITLE: Operations Manager Subscribed and sworn to before me on this 2„ ~ _ day of June , ig 85 ~1 Tn. ~l -IC - 14~?,aesora~ ~~ ~-- h~EviP??~; ii`» CQIJNTY ~ . j~ny commission expires jtlt7' 2.1QZ6, RATE INFORMATION (1) Lowest classified rate paid by commercial users for comparable space (2) Maximum rate allowed by law for the above matter (3) Rate actually charged for the above matter $ 2.60 per line (Line, word, or inch rate) $ 33.26 per line (Line, word, or inch rate) $ 24.86 per line/8.2~ x-comp. (Line, word, or inch rate) (Official Publication) BILL N0. 1985-12 AN ORDINANCE AMENDING ORDINANCE NO. 6.33 TO CHANGE THE NAME OF GRANTEE; TO EXTEND THE FRANCHISE TERM; TO CHANGE THE INSURANCE REQUIREMENTS; AND TO CHANGE THE COMPUTATION OF THE PURCHASE PRICE TO BE PAID BY CITY UPON EXPIRA"I'ION OF THE FRANCHISE. THE CITY OF RICHFIELD, MINNESOTA DOES ORDAIN: SECTI0IV 1. That Article I, Section 2, Paragraphs J and S of said Ordinance be amended to read as follows: J. "Grantee" iS Minttestrta'C'a bleeytttems 8otrt~lweek Rogers Cablesystems of Minnesota Limited Partnership, a Minnesota limited partnership, with Rogers Cablesystems of Minnesota, Inc., a Minnesota corporation, as the General Partner, ks~getks~r~tFployeeS.. ' S. "SW9CC" shall mean the Southwest Suburban Ck'Wi6ktdy Cable Commission. SECTION 2. That Article II, Section 4 of said Ordinance be amended to read as follows: This Franchise shall commence upon acceptance by Grantee and shall expire on December 3l, 1995. Provided, however, that if by December 31, 1987, Grantee (i) is able to close on, and have funded, without conditions, new long term financing, reasonably satisfactory to City, to replace the obligation evidenced by loan documents dated April 1, 1982, from Grantee to Toronto Dominion Bank of Toronto, Canada, in the original principal amount of F.ightecn Million and No/100 Dollars ($18,000.000.00) (the "Existing Indebted- ness"), and (ii) gives written notice of such new financing to City with written evidence thereof reasonably acceptable to Cfty, then, upon the occurrence of (i) and (ii) by December 31, 1987, the term of this Franchise shall be extended by four (4) years, from December 31, 1995 to December 3l, 1999, subject, however, to approval of such extension by the Board, if required, and the FCC, if required, and any other governmental body having jurisdiMion over the matter, if required. If any such approvals are required, City and Grantee agree to cooperate in obtaining such approvals. If any such approvals are required, and •are not obtained, for any reason, then the four (4) year extension shall not become efFective. If such extension becomes effective, Grantee and Cily shall sign and deliver an agreement evidencing such extension, but such extension shall be effective even without such additional agreement. SECTION 3. That Article V, Section 2 of said Ordinance be amended by addingthereto a new Paragraph F asfollows: F. City may waive, at any time and from time to time, for good cause shown, by Council resolution, compliance by Grantee with any or all of the requirements imposed on Grantee by this Section 2.relative to providing service to any extended area or areas. SECTION 4. That Article VIII, Section 2, ParagrapfiA., subparagraph (4) of said Ordinance be amended to read as follows: (4) Any and all claims which Grantee may now or hereafter have or claim to have against City, its officers, boards, commissions, servants, agents, employees or officials, due to or arising out of, damage to any of Grantee's property or equipment, including, without limitation, resulting or consequential loss of income, injury to reputation, or any other resulting or consequential damages of any kind, caused by or resulting from acts or omissions of City or any of its officers, hoards, commissions, servants, agents, employees or officials. SECTION 5. That Article VIII, Section 3, Paragraph A of said Ordinance be amended to read as follows: A. Grantee shall maintain liability insurance covering its obligations of indemnificatign=,p~ayided for in, or as a result of the exercise of, this Franchise ('0xi°e,~y,'fbwever, for.the indemnifications in subparagraph (3) of Article VIII, $eEI~T' _2, Paragraph A of this Franchise) covering both the City and Grantee' stall maintain said insurance during the term of this Franchise in ihe• nimum oL 1. $500,000.00 fii~~property damage to any one person; 2. $2,000,000.O~;for property damage in any one act or occurrence; 3.$1,000,000: r personalinjury to any one person; and 4. $2,000,OOO:QO for personal injury in any one ac[br occurrence. The forego~~;i+tsltrance may be provided by means of a blanket liability insurance porKCy dolicics with an annual aggregate limitation of nol less than $2fi,0110,000.00.~ ~~ SECTION B..'_. at~rticle VIII, Section 3, Paragraph E of said Ordinance be amended to r(#_ ~ s Follows: E. All inSpl'2. policies maintained pursuant to this Franchise shall contain the IqI g endorsements and provisions: (i) It f by understood and agreed that this insurance policy may notttilYtelled nor the intention not to renew be stated until 60 days after receipt to City, by registered mail, of written notice of such inlention to cancel or not to renew. (ii) A waivef:%oP subrogation, in form and substance acceptable to Cily, as 4o an+y and all claims against the-City which are waived hereunder by Grantee or as to which Grantee has agreed hereunder to indem0ify and hold harmless the City and its officers, boards, commissi9nRrs, servams, officials, agents and employees. liii) A ~p~ovision that if the aggregate insurance coverage of the blanket pol~Cies provided by Grantee is ever reduced below $IO,OOQ000.09`then notice of such [act shall promptly be given to City by Grantee or Grantee's insurance agent and additional liability coverage shallimmediately be purchased by Gramee so as to restore the annual ~Yrega~e to the minimum amount then required under this FranebfgE' SECTION 7. 'Efit~t Article XI, Section 2; Paragraph C of said Ordinance. be amended [o read'8s follows: C. The purchases price of the System to be paid by City upon revocation or termination of ttre Franchise shall be the cost less depreeiatton (as shown on the books and records of;Grantee) or the fair market value, whichever is less, and goodwill shall not be included in the purchase price of the System. liowever, if this Franchise expires (and is not revoked or terminated) and if Grantee has lcomplied with the requirements of Article II, Seclion 4 of this Franchise, and alt required approvals are obtained, so that the Franchise term is extended for an additional tour (4) years pursuant to said Section 4, then the purchase price of the System to he paid by City upon expiration of this Franchise shall he the lair market value of the System determined on the basis of the System valued as a going concern but with no value given or allocated to this Franchise itself. [f the City and Grantee cannot agree on the purchase price, it shall be determined by arbitration pursuant to the provisions of this Section 2. SECTION 'B. This Ordinance will be effective in accordance with the provisions of Article XIV of said Ordinance, including delivery to City of the acceptance, opinion of legal counsel, guarantees and other documents as required by.8~id Article XIV. SECTI 1~`915ubject to the provisions of Section R hereof, this Ordinance shall be in•full force and effect upon adoption and publication. Passed and adopted this 10th day of June, 1965. City of Richfield, Minnesota JOHN HAMILTON Mayor Attest: THOMAS FERBER City Clerk (June 19, 1985) -RICH