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R-0895-92 RESOLUTION NO. 895-92 A RESOLUTION OF THE VILLAGE OF MIAMI SHORES, FLORIDA CONSENTING TO THE TRANSFER AND ASSIGN- MENT OF THE CABLE TELEVISION FRANCHISE; ACKNOWL- EDGING AND CONSENTING TO THE TRANSFER OF OWNER- SHIP OF STOCK; AND ACKNOWLEDGING AND AFFIRMING THAT THE TERMS AND CONDITIONS OF THE FRANCHISE ARE IN FULL FORCE AND EFFECT. WHEREAS, Storer Cable TV of Florida, Inc. ( "Grantee") has been granted authorization to construct, operate, main- tain and provide cable television services ( "Franchise" ) by the Village of Miami Shores, Florida ( "Grantor") ; and WHEREAS, the terms and conditions of the Franchise are in full force and effect as of the date hereof; and WHEREAS, Grantor has been informed of certain transac- tions that relate to the operations of the local cable system within its community pursuant to letters dated August 27, 1992 and September 2, 1992, respectively; and WHEREAS, upon completion of these transactions, Storer Cable Communications of South Florida, Inc. will be the cable operator within this community pursuant to and under the terms of the Franchise; and WHEREAS, upon completion of the transactions, TKR Storer Limited Partnership will directly or indirectly own one hundred percent (100%) of the stock of South Cable Communica- tions of Florida, Inc. ; and WHEREAS, Grantee has requested acknowledgement and con- sent to the transactions described above to the extent that it is required by the Franchise; and WHEREAS, the interest of the citizens of the Grantor are best served by the adoption of the Resolution set forth herein. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE VILLAGE COUNCIL OF THE CITY OF MIAMI SHORES VILLAGE, FLORIDA, THAT, to the extent required by the Franchise, 1. The Grantor hereby consents to the transfer and assignment of the Franchise from Storer Cable TV of Florida, Inc. to Storer Cable Communications of South Florida, Inc. 2. The Grantor hereby acknowledges and consents to the ownership of the stock of Storer Cable Communications of South Florida, Inc. by TKR Storer Limited Partnership. 3. The Grantor hereby acknowledges and affirms that the terms and conditions of the franchise are in full force and effect as of the date hereof. PASSED and ADOPTED this 6th day of October, 1992. Steven J Jo son Mayor ATTEST: VILLAGE CLERIC: By. Scott W. Davis, Deputy Village Clerk APPROVED AS TO FORM: By, Village Attorney