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HomeMy WebLinkAbout173-98RESOLUTION NO. 173-98 CONSENTING TO A CHANGE IN CONTROL OF THE CABLE TELEVISION FRANCHISE HELD BY TCI WHEREAS, Telecommunications, Inc. (TCI) is authorized to operate and maintain a cable television franchise within the Town of Danville pursuant to a Franchise Agreement entered into by TCI and the Town; and WHEREAS, TCI has entered into a merger agreement with AT&T Corporation (AT&T), dated June 23, 1998, under which agreement TCI will become a wholly owned subsidiary of AT&T; and WHEREAS, as a result of the merger, TCI will continue to hold the franchise; and WHEREAS, Danville Municipal Code Section 17-6.5 prohibits the transfer of any cable television franchise, including through a merger, without the prior consent of the Town; and WHEREAS, Municipal Code Section 17-6.5 limits the Town's review of any transfer to the financial ability of the new franchise holder to fulfill the obligations of the franchise and further provides that the Town' s consent shall not be unreasonably withheld; and WHEREAS, TCI has filed FCC Form 394 with the Town, as required by federal law; and WHEREAS, there is no basis under Municipal Code Section 17-6.5, the Franchise Agreement or Section 613(d) of the federal Cable Act to withhold the Town's consent to the change in control of TCI's cable television franchise; now, therefore, be it RESOLVED, that the Town of Danville consents to the change in control of the TCI cable television franchise subject to the condition that the change in control shall not affect any of the obligations of TCI pursuant to the Franchise Agreement. APPROVED by the Danville Town Council at a regular meeting on November 17, 1998, by the following vote: AYES: NOES: ABSTAINED: ABSENT: Waldo, Arnerich, Doyle, Greenberg, None None None Shimansky MAYOR APPROVED AS TO FORM: CITY ATTORNEY ATTEST: CITY CLERK