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RES 1993-06TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. R 93-06 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS APPROVING THE TRANSFER OF THE TOWN'S CABLE TELEVISION FRANCHISE FROM UNITED CABLE, INC., AS GENERAL PARTNER OF COUNTY CABLE LIMITED PARTNERSHIP, TO HARRON COMMUNICATIONS CORPORATION; PROVIDING THAT HARRON MUST FILE WITH THE TOWN ITS ACCEPTANCE OF THE TERMS OF THE FRANCHISE; PROVIDING AN EFFECTIVE DATE. WHEREAS, by Ordinance No. 87-11, the Town of Trophy Club, Texas (the "Town") granted a cable television franchise (the "Franchise") to Planned Cable Systems Corporation ("Planned Cable"); and WHEREAS, on June 13, 1988 and by Resolution No. 88-06, the Town Council approved the transfer of the Franchise from Planned Cable to Cablevision Management, Inc. as general partner of County Cable Limited Partnership (the "Limited Partnership"); and WHEREAS, on January 1, 1991 United Cable, Inc. ("United") and Richard Mays acquired 100% of the interests in the Limited Partnership, with United as the General Partner and Mays as the sole Limited Partner; and WHEREAS, sometime after January 1, 1991, Harron Communications Corporation ("Harron") acquired an 80% Limited Partner interest in the Limited Partnership, and retained an option to acquire from United the remaining 20% general partnership interest in the Limited Partnership; and WHEREAS, Harron has now acquired the said 20% general partnership interest and therefore now owns 100% of the Limited Partnership; and WHEREAS, the acquisition by Harron of the general partnership interest in the Limited Partnership constitutes a transfer of the Franchise, which transfer must be approved by resolution of the Town Council; and WHEREAS, the Town Council hereby finds that the transfer of the Franchise to Harron is in the best interests of the Town and its citizens, and now desires to approve the transfer. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. Incorporation. That the above and foregoing premises are true and correct and are incorporated herein in their entirety. Section 2. Approval of transfer. In accordance with Section 6 of Ordinance No. 87-11 (the Cable Television Franchise) , the Town -1- does hereby authorize and approve the transfer of the Franchise from United Cable, Inc., as General Partner for County Cable Limited Partnership, to Harron communications Corporation. Provided, however, that the said approval shall not be effective unless and until Harron shall file with the Town Secretary it unconditional acceptance of the terms of the Franchise and promise to comply with and abide by all of the provisions, terms and conditions of the Franchise. The said acceptance by Harron shall be in that form set forth in Section 6 of the Franchise, and shall be filed within the time limit set forth therein. Section 3. Effective date. Except as provided in Section 2 hereof, this Resolution shall become effective from and after its date of passage. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas this the 16f -.h day of - March 1 1993. L'5 y yorr0�� , Town , Twn 0 ophy Club, Texas ATTEST: n7 � Town Secr(Er�ary, 10 Town of Tn' phyv Club, �exas [SEAL] APPROVED AS TO Town Attorney, Town o� Trophy Club, Texas