HomeMy WebLinkAboutOrdinance 1584ORDINANCE T10. 1584.
AN ORDINANCE APPROVING CABLE TV FRANCHISE ,.TRANSFER
AND DECLARING AN .EMERGENCY
WHEREAS, pursuant to Section 15 of Ordinance No. 1546, McCaw
Communications of Southern Oregon ("McCaw"), the present holder
of the Community~Antenna Television ("CAT") franchise rights
throughout,the City of Central Point, has applied for consent to
transfer and assign .its rights under said ordinance to Cook
CableVsion, Inc., a.Nevada`corporation ("Buyer"), and
WHEREAS, it appears to the City Council of the City of
Central Point that buyer is qualified to construct, own, operate
and maintain the system it is acquiring in conformity with
Ordinance No. 1546, now, therefore,
THE PEOPLE O.F THE CITY OF CENTRAL POINT. DO ORDAIN`AS
FOLLOWS.: -
Section,1. The request of McCaw for transfer. and.assignmen't
to buyer of the rights and obligations as franchisee of the above
referenced franchise is hereby approved, with the full right of
buyer .to assign its interests under the franchise for security-
purposes only., to such financial institutions as may be selected
` by .buyer .to finance the acquisition and operation of the cable
system.
Section 2. This. ordinance shall be effective only upon the
completion of the sale of substantially all of McCaw's assets to
buyer, and if such.sale is not consummated, this .ordinance shall
be of no force and effect.
Section 3. 'Buyer, by its signature. hereon, agrees to be
bound by the terms and conditions of this ordinance and of
Ordinance TJo. 1546, which are accepted in full.
` Section 4. This ordinance being necessary for the immediate
preservation of the public"peace, health and safety of the City
~of Central,;Point, Oregon, in order that the terms and conditions
of the.;.~'fr~an~chise referred to hereinabove shall be transferred and
assume`d;by,buyer concurrently with the transfer of ownership of
- the cahTe..=.television system from McCaw to buyer, an emergency is
hereby, declared to exist and this ordinance shall be in full .
force and effect immediately upon its passage.
ORDINANCE NO. 1584 -1
'(2/11/87)
s~V ~ ~ f
e in authent~-cation
nCil and Signed by rc' r 198
passed by the ~Oh day of MaYCh ~,,.-"""~
a s s a9 e this 2"''--- ( /. '"
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rlaYoi
• iNR ~ 19 87. .
tati`7e March
sen
..City ,Re. 20th daY of ~ .
ED by me th1s
APPFt~V , !r
May°r
ACCEPTED IN FULL- SNC•
CQOKE CABLEVISI~N r -
.r- v~G~ ~
BY ~.. ~./Ec~T-: uE f9 ~
s yS
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